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Value Added Tax (VAT)

Hoteliers, restaurant owners urge Maharashtra govt to rollback 5% hike in VAT on liquor at bars, restaurants

Hoteliers, restaurant owners urge Maharashtra govt to rollback 5% hike in VAT on liquor at bars, restaurants

Wed, Oct 25, 2023

The Hotel And Restaurant Association (Western India) - HRAWI urged the Maharashtra government to roll back the 5 per cent increase in Value Added Tax (VAT) on liquor served at bars and restaurants across the state.

VAT on diesel increased by Rs 3/litre in Himachal, cheaper compared to Punjab, Haryana, Uttarakhand: CM Sukhu

VAT on diesel increased by Rs 3/litre in Himachal, cheaper compared to Punjab, Haryana, Uttarakhand: CM Sukhu

Sat, Jul 15, 2023

Justifying the increase, chief minister Sukhvinder Singh Sukhu on Saturday said the previous BJP government had reduced the VAT by seven per cent on the eve of the last assembly polls held in November 2022 and the increase was imperative for mobilising resources along with other measures.

CNG, PNG prices slashed; free LPG cylinders announced in THIS state: Check latest rates and all details

CNG, PNG prices slashed; free LPG cylinders announced in THIS state: Check latest rates and all details

Tue, Oct 18, 2022

Our government has reduced VAT on CNG and PNG by 10 per cent. This will help homemaker women, auto-rickshaw drivers and all those who are using CNG-run vehicles, state minister Jitu Vaghani said.

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UK reverses bulk of September tax-cutting package to calm markets

UK reverses bulk of September tax-cutting package to calm markets

Tue, Oct 18, 2022

The 1.25-percentage-point increase in dividends tax will remain and the VAT-free (value-added tax) shopping scheme for foreign visitors to the country will no longer be taken forward, Xinhua news agency reported.

Sri Lanka Interim Budget: President Ranil Wickremesinghe says negotiation with IMF on bailout package is in final stage

Sri Lanka Interim Budget: President Ranil Wickremesinghe says negotiation with IMF on bailout package is in final stage

Tue, Aug 30, 2022

President Wickremesinghe, who is also the finance minister of the cash-strapped country, told Parliament that the interim budget will lay the foundation for changing the economic design which existed in the country so far.

GST Bonanza! This is how much your family saves because of Goods and Services Tax

GST Bonanza! This is how much your family saves because of Goods and Services Tax

Mon, Dec 17, 2018

On an average, an Indian family is saving up to Rs 320 GST Benefit: On an average, an Indian family is saving up to Rs 320 every month (approx Rs 3840 per year) upon purchasing the daily need items and commonly used items such as edible oil, cereals etc after the implementation of Goods and Servi

Petrol pump strike in Delhi: Motorists caught unaware

Petrol pump strike in Delhi: Motorists caught unaware

Tue, Oct 23, 2018

Petrol pump strike in Delhi: Several motorists were caught unaware as petrol pumps across the national capital were shut Monday in protest against the Delhi government's refusal to cut Value-Added tax (VAT) on petrol and diesel.

Here's what Service tax, service charge and service tax number mean for your food bill

Here's what Service tax, service charge and service tax number mean for your food bill

Thu, Apr 06, 2017

Service tax on a restaurant bill has been laid down in the Service Tax Act.

Govt is confident to roll out GST from April 1, 2017 : Hasmukh Adhia

Govt is confident to roll out GST from April 1, 2017 : Hasmukh Adhia

Sun, Aug 07, 2016

The government is confident of rolling out the GST regime from April 1 next year but the deadline may be difficult to meet if resolution of issues like the rate of tax and items to be exempted take longer, Revenue Secretary Hasmukh Adhia said on Sunday.

Big 25 reforms that changed India's growth story

Big 25 reforms that changed India's growth story

Sat, Jul 23, 2016

The year 2016 marks the silver jubilee anniversary of India's historic economic liberalisation, a move that can only be credited for making the country one of the fastest growing economy in the world today.

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