sales tax
States can cut fuel prices, says SBI arm
States across the country impose VAT or sales tax on petrol and diesel which vary from one to another.
We are not in a position to reduce sales tax on fuel, says Tamil Nadu CM
He emphasised on the Central Government to reduce the excise duty on fuel products.
No agreement on GST for fuel
The total tax incidence on petrol comes to 45-50 per cent and on diesel, it is 35-40 per cent.
Govt cuts sales tax across sectors to ease pain of traders and consumers
Revenue collections from GST are a crucial pillar of government’s plan to cut its fiscal deficit.
Petrol, diesel touch all time highs as oil companies hike rates
In India, petrol is the costliest in Mumbai where high local taxes has led a price of Rs 84.07 per litre.
Traders owe Maha govt sales tax of Rs 2,860 crore: Sudhir Mungantiwar
Traders with dues of more than Rs 5 lakh and efforts to trace them has been initiated with the help of banks.
GST makes business more complicated than ever: report
GST was meant to unify $2 trillion economy and make it easier for companies to transact across state borders.
GST Council meet in Srinagar today, representatives of 29 states
GST will be a national sales tax that will be levied on consumption of goods or use of services.
Small cars may see small hike in prices under GST
Small cars currently attract a 12.5 per cent central excise duty.
13 per cent sales tax boost post demonetisation
The finance department, which was earlier apprehensive of meeting its target of Rs 90,985 crore, is now confident of reaching its goal.