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Vat - Total results - 215
Mar 19, 2019
Economists vs CAs: Statistics, scriptures can be tweaked to win over rivals, but what matters is the ground realityMirrors don’t lie but statistics can especially given the leeway available to the compiler of data to interpret them to further his cause or viewpoint.
Feb 25, 2019
GST rate cut: Latest round of reduction makes real estate sector very reasonable, simple for home buyersIn this backdrop, a GST rate of 18 percent with a 33 percent abatement for the value of the land, leading to an effective rate of 12 percent was considered very high.
Jan 11, 2019
Oil prices hiked third time this month on firming input cost; petrol prices up by 19 paise, diesel by 28 paiseIn Mumbai, petrol now costs Rs 74.72 a litre and diesel is priced at Rs 65.73.
Dec 24, 2018
GST has been at receiving end of ill-informed, motivated criticism; govt could work towards a single standard rate, says Arun JaitleyWith the GST transformation completed, we are close to completing the first set of rate of rationalisation, i.e. phasing out the 28% slab except in luxury and sin goods.
Dec 22, 2018
GST Council cuts rates on 23 items, rationalises 28 percent slab; TVs, movie tickets and power banks get cheaperThe annual revenue implication of the rate cuts would be Rs 5,500 crore, Finance Minister Arun Jaitley said.
Dec 20, 2018
Govt is trying to correct botched-up implementation of GST, solution lies in single rate tax systemIndia is one of the few countries in the world with so many GST rates.
Dec 18, 2018
Tax on home appliances, luxury goods register decline post GST roll-out, says finance ministry reportThe GST implementation has also brought down tax rates on luxury goods like air conditioners and automobiles.
Dec 08, 2018
Petrol prices drop nearly 15% from record levels reached in October; Delhi and Chennai record most declineHowever, as the Organisation of Petroleum Exporting Countries (OPEC) on Friday decided to reduce its oil supply by 1.2 million barrels per day for the first half of 2019, prices may see an up-turn leading to a reversal in India's domestic fuel prices movement.
Dec 04, 2018
Petrol prices cut by 21 paise per litre in Delhi, diesel by 27 paise; fuel to soon cost less in national capital than Uttar PradeshWhile petrol and diesel traditionally have been cheaper in Delhi than most states in the country, due to lower local sales tax or VAT, the 5 October cut in the VAT by BJP-ruled states led to fuel being available at cheaper rates in places such as Ghaziabad and Noida - the UP towns that adjoin the national capital.
Oct 22, 2018
Petrol pumps in Delhi to remain shut today in protest against AAP govt's refusal reduce VAT on fuelIn what could cause inconvenience to the commuters in Delhi, all 400 petrol pumps along with linked CNG dispensing units will remain shut from 6 am on Monday till 5 am on Tuesday in protest against Aam Aadmi Party-led Delhi government's refusal to reduce Value Added Tax (VAT) on diesel and petrol in the national capital.