The notices issued by the sales tax department on “work contract tax” have sent the real estate industry into a tizzy. A representation of city builders will meet the finance secretary on Wednesday
The Maharashtra government has decided to reduce sales tax to bring relief to people adversely affected by the steep hike in the prices of petrol and diesel. While the state is still debating the quantum
On the basis of the discussions between the Empowered Committee (EC) of State Finance Ministers and the Union Finance Minister regarding the compensation package, the Government of India, Ministry of Finance, Department of Revenue has issued a notifi
PTI NEW DELHI AN OFFICIAL panel on Tuesday ruled out any increase in Vat rates as part of a package to compensate states on account of revenue loss due to a 1% in Central Sales Tax that was to have happened in the beginning of this
EXPORTERS IN DISTRESS WITH CENTRE'S PROPOSALThe Centre proposes to request the state governments to increase the Value Added Tax(VAT) rate from 4% to 5%. This proposal has made a section of exporters a bit nervy who missed out on VAT refunds from se
PUNE: Filing of returns would soon be a much easier preposition for the value added tax (VAT) dealers in the city. The sales tax, Pune division, will introduce the facility for online filing of VAT returns in two months, D.V. Bhalchandra, additional
Dear Members,The Hon'ble Bombay High Court has extended the last date for submission of VAT Audit Report in Form No. 704 upto 31st October, 2007 for the Financial Year 2005-2006.Thanks
NEW DELHI: If you are planning to buy a large quantity of shares in a blue-chip company, better get your account books right. The government may soon use the security transaction tax (STT) data to track cases of income tax evasion. The Central Board
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