New Delhi [India], May 22 (ANI): Bharatiya Janata Party (BJP) Rajya Sabha MP and Jharkhand BJP president Deepak Prakash on Sunday demanded that opposition ruled states should reduce Value Added Tax (VAT) on petroleum products after the Centre reduced excise duty on fuels on Saturday.
New Delhi [India], May 22 (ANI): After taking a critical view of the central government's request to the states to cut taxes on petrol and diesel, former Union Finance Minister P Chidambaram on Sunday said the facts about the states' share of tax reduction are contrary to what he had said pr
Thiruvananthapuram (Kerala) [India], May 22 (ANI): Following a reduction of fuel prices by the Centre, the Kerala government on Saturday announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 respectively.
New Delhi [India], May 21 (ANI): Economic Offences Wing (EOW) of the Delhi Police has arrested three persons for allegedly committing VAT fraud and tax evasion by depositing huge cash in the fake accounts during demonetization, the police said on Friday.
Hyderabad (Telangana) [India], May 19 (ANI/BusinessWire India): The Company's total income for Q4 is Rs 475.61 Cr, registering a growth of 41 per cent. Earnings before Interest, Depreciation and Tax (EBIDTA) and Profit after Tax (PAT) stood at Rs 42.77 Cr and Rs 21.02 Cr as against Rs 35.21
New Delhi [India], May 19 (ANI): The Supreme Court on Thursday said that the Centre and States are conferred equal power to legislate on Goods and Services Tax (GST) matters.
Dhaka [Bangladesh], May 19 (ANI): Chinese companies, already suffering from a poor image in corporate ethics, are continually violating the laws through corruption and criminality in Bangladesh, causing loss to the national treasurer.
New Delhi [India], May 18 (ANI): Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of more than Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms in tandem with various
New Delhi [India], May 17 (ANI): North Delhi Municipal Corporation on Tuesday suspended Licensing Inspector Sandeep Kaushik and Section Officer of General Branch who is also Section Officer of House Tax Department of Narela Zone, BR Meena, in view of the Mundka fire incident.
New Delhi [India], May 17 (ANI): The Centre and the state governments should come together and reduce some taxes to reduce the burden of inflation on the common man, Sanjiv Bajaj, President, Confederation of Indian Industries (CII), said on Tuesday.