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Sri Lanka to increase VAT to 18% in 2024
Sri Lankan has approved to increase the value added tax (VAT) to 18 per cent from January, 2024, cabinet spokesperson Bandula Gunawardena said on...
VAT refund offer triggers gold rush in Bahrain
Indian tourists to the small Middle East island country throng gold shops to avail of new incentive on jewellery purchases; Tourists can get VAT...
Hardships for taxpayers remain unresolved
Tech usage to plug revenue leaks; Rs1.3 lakh cr monthly tax a ‘new normal’
States have room to cut VAT on fuel
States on an average can still cut diesel price at least by Rs2 per litre and petrol price by Rs3 per litre each without impairing their VAT revenue...
Fuel excise cut: India Inc urges States to slash VAT to cool off...
Says the auto fuels price cut would lower inflation on account of lower cost of transportation
Maharashtra, Kerala, Rajasthan cut VAT on petrol, diesel
The move to help reduce logistics cost, promote exports
Maharashtra realty to benefit from GST amnesty
The State Budget is believed to be forward-looking as it focuses on a long-term plan for the state. It will pave the way for a sustainable and...
Reduction in taxes on fuel to ease inflationary pressure: RBI guv
Reduction in Central excise as well as state VAT on petrol and diesel is expected to ease domestic inflationary pressure, RBI Governor Shaktikanta Das...