sales tax

Air India yet to decide on direct ATF import: Ajit Singh


August 28th, 2012 - 9:40 pm ICT by IANS
New Delhi, Aug 28 (IANS) Air India has not yet decided about importing Air Turbine Fuel (ATF) directly, Civil Aviation Minister Ajit Singh said Tuesday. The minister said this in ... Read more...

Posted in Business |

Fuel prices revised countrywide


July 25th, 2012 - 10:02 pm ICT by IANS
New Delhi, July 25 (IANS) Petrol, diesel, cooking gas and kerosene prices across the country were revised Wednesday after state-run oil marketing companies adjusted the surcharge paid towards state levies ... Read more...

Posted in Business |

Essar Oil told to pay Rs.1,000 crore dues to Gujarat (Lead)


July 18th, 2012 - 12:02 am ICT by IANS
New Delhi, July 17 (IANS) The Supreme Court Tuesday directed Essar Oil to pay by July 31 Rs.1,000 crore to the Gujarat government as its dues towards value added tax ... Read more...

Posted in Business |

AC train travel exempted from service tax


July 3rd, 2012 - 12:07 am ICT by IANS
New Delhi, July 2 (IANS) Travelling by train in an air-conditioned class and dispatching goods through the transporter will be exempted from sales tax for the next three monrths, ... Read more...

Posted in Business |

Petrol prices to be cut by Rs.2.46 a litre (Lead)


June 28th, 2012 - 10:28 pm ICT by IANS
New Delhi, June 28 (IANS) India's oil marketing companies have decided to cut back petrol prices by Rs.2.46 a litre with effect from midnight, it was announced here ... Read more...

Posted in Business |

Proposed petrol prices in top cities


June 28th, 2012 - 10:25 pm ICT by IANS
New Delhi, June 28 (IANS) Petrol prices will reduce between Rs.2.46 to Rs.3.22 a litre following a downward revision of Rs.2.46 a litre in base price, inclusive of state's levies, ... Read more...

Posted in Business |

Petrol prices to be cut by Rs.2.46 per litre


June 28th, 2012 - 9:19 pm ICT by IANS
New Delhi, June 28 (IANS) India's oil marketing companies have decided to reduce petrol prices by Rs.2.46 per litre from midnight, it was announced here Thursday."The downward revision shall vary ... Read more...

Posted in Business |

CPI warns of gas price hike


May 29th, 2012 - 9:52 pm ICT by IANS
Mumbai, May 29 (IANS) The Communist Party of India (CPI) Tuesday warned that close on the heels of the recent petrol price hike, people may soon be hit by an ... Read more...

Posted in Politics |

Virbhadra asks states to reduce sales tax on petrol


May 24th, 2012 - 8:57 pm ICT by IANS
Shimla, May 24 (IANS) A day after the steep hike in petrol prices, union Micro, Small and Medium Enterprises Minister Virbhadra Singh Thursday asked the state governments to reduce the ... Read more...

Posted in Politics |

Kerala to forgo sales tax on petrol


May 24th, 2012 - 6:40 pm ICT by IANS
Thiruvananthapuram, May 24 (IANS) A day after the petrol price hike, the Kerala government at a special cabinet meeting Thursday decided to forgo the sales tax on petrol, reducing its ... Read more...

Posted in Business |

Revised petrol prices in four metros


May 23rd, 2012 - 9:11 pm ICT by IANS
New Delhi, May 23 (IANS) Petrol prices will rise between Rs.7.54 and Rs.7.98 in the four metros following a base price hike of Rs.6.28 per litre exclusive of taxes, effective ... Read more...

Posted in Business |

Petrol proce hike atrocious and unjust: BJP


May 23rd, 2012 - 8:38 pm ICT by IANS
New Delhi, May 23 (IANS) The Bharatiya Janata Party Wednesday strongly protested against the steep hike in the petrol price, saying it was "atrocious" and stressed that there was ... Read more...

Posted in Politics |

Two fake officials arrested


May 16th, 2012 - 10:56 pm ICT by IANS
New Delhi, May 16 (IANS) Two men who cheated people by posing as CBI and sales tax officers have been arrested, police said Wednesday.Kishan Lal, 62, and Rajender Kumar, 40, ... Read more...

Posted in Uncategorized |

Italy loses 4.5 bn euros in tax frauds


May 3rd, 2012 - 5:02 pm ICT by IANS
Rome, May 3 (IANS/AKI) During the first four months of this year, Italian tax police busted 2,226 people who allegedly evaded 4 billion euros in taxes and 500 million euros ... Read more...

Posted in Business |

Haryana seeks Rs 3,000 crore from centre


April 22nd, 2012 - 4:04 pm ICT by IANS
Chandigarh, April 22 (IANS) Haryana has sought Rs.3,000 crore from the central government to compensate for the loss of revenue due to the reduction of central sales tax (CST) rates ... Read more...

Posted in Business |

Mamata gives 15 days for interest moratorium, Congress downplays ultimatum (Second Lead)


April 22nd, 2012 - 12:09 am ICT by IANS
Kolkata/New Delhi, April 21 (IANS) Reiterating her demand for an interest moratorium for the cash-strapped West Bengal government, Chief Minister Mamata Banerjee Saturday gave the central government 15 days ... Read more...

Posted in Politics |

Mamata gives Centre 15-day ultimatum on tax moratorium (Lead)


April 21st, 2012 - 6:01 pm ICT by IANS
Kolkata, April 21 (IANS) Reiterating her demand for an interest moratorium for the cash-strapped West Bengal government, Chief Minister Mamata Banerjee Saturday gave the central government a 15-day ... Read more...

Posted in Politics |

GST likely to come into effect from next fiscal: Sushil Modi


April 18th, 2012 - 9:21 pm ICT by IANS
New Delhi, April 18 (IANS) The much-awaited unified Goods and Services Tax (GST) is likely to come into effect from April 1, 2013 as the centre is open to ... Read more...

Posted in Business |

SpiceJet applies for direct import of jet fuel


April 3rd, 2012 - 1:23 am ICT by IANS
New Delhi, April 2 (IANS) Budget carrier SpiceJet Monday said it has applied to the Director General of Foreign Trade (DGFT) for permitting the airline to directly import jet ... Read more...

Posted in Business |

Woman sales tax officer punished for taking Rs.1,500 bribe


February 28th, 2012 - 11:49 pm ICT by IANS
New Delhi, Feb 28 (IANS) Concerned over high-ranking public servants involved in corruption cases, a Delhi court Tuesday jailed a woman assistant sales tax officer for three years for accepting ... Read more...

Posted in Uncategorized |

Essar Oil’s Q3 net loss at Rs.3,986 crore


February 17th, 2012 - 9:26 pm ICT by IANS
Mumbai, Feb 17 (IANS) Essar Oil Friday reported a Rs.3,986 crore net loss for the third quarter of the current fiscal after accounting for sales tax that it had not ... Read more...

Posted in Business |

Essar Oil seeks review of SC decision on tax order


February 16th, 2012 - 2:54 pm ICT by IANS
Mumbai, Feb 16 (IANS) Essar Oil Ltd Thursday said it had filed a review petition in the Supreme Court seeking a review of the decision to set aside a Gujarat ... Read more...

Posted in Business |

Traders strike in India hits Indo-Bangla trade


December 19th, 2011 - 7:21 pm ICT by IANS
Agartala, Dec 19 (IANS) The indefinite shutdown called by Indian exporters and importers demanding development of infrastructure along the India-Bangladesh border badly hit trade for the second day Monday, officials ... Read more...

Posted in Business |

Oil firms increase jet fuel price by two percent


November 15th, 2011 - 11:16 pm ICT by IANS
New Delhi, Nov 15 (IANS) State-owned oil marketing companies (OMCs) Tuesday increased the prices of aviation turbine fuel (ATF) by two percent, effective from Nov 16.The ATF at Delhi's ... Read more...

Posted in Business |

IMF to review Pakistan economy


October 17th, 2011 - 11:59 am ICT by IANS
Islamabad, Oct 17 (IANS) A delegation of the International Monetary Fund (IMF) will visit Pakistan to review the country's financial condition, an official said.The delegation will arrive here Nov 12, ... Read more...

Posted in Business |

Online lottery legalised by Mamata government: CPI-M


September 12th, 2011 - 11:56 pm ICT by IANS
Kolkata, Sep 12 (IANS) Former West Bengal finance minister and Communist Party of India-Marxist (CPI-M) leader Asim Dasgupta Monday alleged that by imposing charge on online lottery the Trinamool ... Read more...

Posted in Business |

What tax will Reliance pay, Supreme Court asks centre


August 23rd, 2011 - 2:58 pm ICT by IANS
New Delhi, Aug 23 (IANS) The Supreme Court Tuesday asked the centre to specify whether Reliance Industries Limited (RIL) was liable to pay Central Sales Tax (CST) or the local ... Read more...

Posted in Uncategorized |

Home sales fall in Spain


August 11th, 2011 - 11:01 am ICT by IANS
Madrid, Aug 11 (IANS/EFE) Home sales in Spain fell in June by 7.7 percent from the previous month and by a whopping 22.9 percent compared with June 2010, authorities said.Sales ... Read more...

Posted in Uncategorized |

26/11 martyr’s daughter finally gets government job


July 21st, 2011 - 9:44 pm ICT by IANS
Mumbai, July 21 (IANS) Nearly two-and-half years after police officer Vijay Salaskar lost his life battling terrorists during the 26/11 Mumbai terrorist attack, his daughter has been given a ... Read more...

Posted in Uncategorized |

Pakistan’s Rs.2.7 trillion budget approved


June 23rd, 2011 - 2:33 pm ICT by IANS
Islamabad, June 23 (IANS) Pakistan's National Assembly has approved the Rs.2.7 trillion federal budget.Finance Minister Abdul Hafeez Shaikh Wednesday said the government intends to reduce the overall sales tax rates ... Read more...

Posted in South Asia |

Exporters seek longer extension of tax refund scheme


June 20th, 2011 - 12:47 pm ICT by IANS
Kolkata, June 20 (IANS) The central government's decision to extend the validity of Duty Entitlement Pass Book (DEPB) scheme, a tax refund system for exporters, for only three months has ... Read more...

Posted in Business |

Transport strike across Kerala hits trade, passengers


May 20th, 2011 - 2:46 pm ICT by IANS
Thiruvananthapuram, May 20 (IANS) Pasengers in Kerala were hit hard as the transport sector went on a day-long strike to protest the rceent hike in petrol prices.Chief Minister Oommen ... Read more...

Posted in Business |

Don’t change our pro-people policies, CPI-M warns Chandy


May 19th, 2011 - 7:17 pm ICT by IANS
Thiruvananthapuram, May 19 (IANS) A day after the Oommen Chandy-led government took over, Communist Party of India-Marxist (CPI-M) leaders attacked it Thursday on various issues and warned that "the pro-people ... Read more...

Posted in Politics |

Kerala cuts tax on hiked fuel price


May 18th, 2011 - 10:03 pm ICT by IANS
Thiruvananthapuram, May 18 (IANS) Kerala Chief Minister Oommen Chandy, who assumed office Wednesday, announced a series of sops, including a sales tax cut on the recently hiked petrol price and ... Read more...

Posted in Business |

Praveen Tripathi is Delhi’s new chief secretary


April 2nd, 2011 - 5:56 pm ICT by IANS
New Delhi, April 2 (IANS) Praveen K. Tripathi, a 1977 batch Indian Administrative Service (IAS) officer and Chief Minister Sheila Dikshit's principal secretary since 2006, was Saturday appointed Delhi's ... Read more...

Posted in Business |

« Previous Entries

Subscribe