Sales Tax

India's gold demand ticks up ahead of festival season, high prices dampen consumer interest in other Asian hubs

In top gold buyer China, bullion was sold at a premium of $9-$10 an ounce over the benchmark, unchanged from last week.

Gold demand zooms in June quarter, but likely to lose sheen in 2019 on rising prices, hike in customs duty

Local gold prices hit a record Rs 35,960 ($519) per 10 grams on Tuesday, having jumped more than 10% over the past month, rising in line with international prices on tensions in the Middle East.

Fuel rates continue to decline further due to fall in crude prices; OMCs, oil producers to get a breather

Friday is the is the 30th consecutive day when fuel prices have not been increased in the country

Petrol, diesel prices cut by Rs 2.50 per litre after Centre reduces excise duty; oil companies asked to absorb Re 1

Announcing the decision on price cuts for petrol and diesel, Finance Minister Arun Jaitley asked the state governments to match the move with a similar reduction in sales tax or VAT.

GST on petrol, diesel: A 28% levy plus VAT is the worst concoction for rising fuel prices

For a wholehearted switch to GST, the government must learn to stop viewing fuel as a milch cow

Fuel price hike: Govt should review taxes on petrol, diesel, says HPCL chairman Mukesh Kumar Surana

There is a need to review taxation on petrol and diesel to provide relief to consumers after rates touched an all-time high, HPCL Chairman and Managing Director Mukesh Kumar Surana said on Wednesday.

Rising fuel rates: Govt concerned about petrol, diesel price pinch, says oil minister Dharmendra Pradhan

Declining to say as to what the central government was doing to address the issue, Oil minister Dharmendra Pradhan said the states should cut sales tax or VAT on petrol and diesel to ease the burden

Petrol and diesel rates are at record levels: 7 charts that explain the market dynamics at play

Over the past six days, petrol prices have been hiked by 61 paise per litre while diesel rates have been hiked by 79 paise a litre, all in Mumbai

Diesel prices at record Rs 61.74 per litre, petrol crosses Rs 71 as crude prices surge

Petrol price rose to Rs 71.18 per litre in Delhi on Monday, the highest since August 2014, according to daily fuel price list of state-owned oil firms.

GST related issues resolved, indirect tax regime will become good and simple tax in a few months: MoS Finance

Post GST Council's Guwahati meet, tax rates on many products were reduced to 18 per cent from 28 per cent