Value Added Tax (vat)

Modi, who was instrumental in bringing in the new indirect tax regime, talks about the achievements so far and the challenges ahead.

Prime Minister Narendra Modi’s appeal to lower VAT on fuel carries a message on burden of fiscal responsibility

The Prime Minister’s April 27 remarks need to be seen in the context of the high tax structure in petroleum pricing, which is a painful legacy issue in a rather flawed design of India’s energy economics 

Maha govt hikes VAT on petrol by Rs 1.50 per litre

Maharashtra government today hiked the value added tax (VAT) levied on petrol by Rs 1.50 per litre.

Firms with turnover of Rs 25 lakh not to attract GST: Adhia

"There will be an exemption limit for small traders and the limit is likely to be fixed at Rs 25 lakh. The states and the Centre are now involved in an intense discussion on this. More or less, we have reached an understanding that the limit will be up to Rs 20-25 lakh," Adhia said on Finance Ministry's YouTube channel.

Prefer ITC, buy Ashok Leyland: Prakash Diwan

Prakash Diwan of prakashdiwan.in is of the view that one can buy Ashok Leyland for a target of Rs 128.

ATF price cut marginally; non-subsidised LPG rate hiked

Aviation Turbine Fuel (ATF) price in Delhi has been cut by Rs 142.56 per kilolitre, or 0.3 percent, to Rs 43,041.61 per kilolitre, oil companies announced today. The reduction comes on the back of 5.5 percent or Rs 2,245.92 per kilolitre increase in ATF price on October 1.

GST moved in Lok Sabha amid stiff Opposition resistance

Members of Congress, led by Sonia Gandhi, along with those of TMC, Left and NCP staged a walk out after their plea for referring the Constitution Amendment Bill to the Standing Committee was not accepted. AIADMK and BJD also opposed its consideration but did not walk out.

Mumbai realty inventory peaks; price fall imminent: Orbit

Ramashrya Yadav, Head Finance & Strategies, Orbit Corporation not only expects 20-22 percent price cut across the board but also sees weak earnings going forward.

See bottomline expansion through cost cutting: Autoline Ind

M Radhakrishnan, Co-founder & MD, Autoline Industries said they aim at imrpoving their bottomline through various measures like cost cutting, innovation, debt reduction etc.