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NI hotels body calls for cut in VAT

Northern Ireland Hotels Federation (NIHF) has called for VAT on the hospitality industry to be slashed to just 5%.The NIHF says the UK VAT rate of 20% puts Northern Ireland at a major disadvantage.Last month the Treasury said it did not accept the case for a UK-wide VAT rate cut for restaurants and catering.A Treasury spokesman said: "A 5% reduced rate on catering services is estimated to cost around...
Source : BBC |
Category : International

CM promises VAT cut for auto parts

(VAT) rate on automobile components, the state government has decided to honour their wish.Chief minister Hemant Soren has assured the Confederation of Indian Industry (CII) delegation that the government is keen to address to the concerns of the industry body in the greater interest of the state's economy.) owing to high VAT rate in the state, the decision of the government to reduce the VAT has come...
Source : Times Of India |
Category : City | City : Thiruvananthapuram

Delhi petrol pump outlets to close on October 28 to protest VAT

VAT on diesel in Delhi is 12.5 % compared with about 9 % in Haryana, which makes its lucrative for truckers to tank up in the neighbouring state.Petrol pump operators in the national capital on Monday said they will shut their fuel outlets for a day on October 28 in protest against the Delhi government's refusal to reduce value added tax (VAT).VAT on diesel in Delhi is 12.5 % compared with about 9...
Source : DNA |
Category : Headlines | City : Mumbai

Traders launch stir against Delhi VAT department

Traders from Delhi have deeply disgusted with functioning of VAT Department has now decided to launch a stir against Delhi VAT Department for its various recent notifications which has led to gross resentment in the business community. At a meeting of Delhi traders leaders strongly condemned the attitude of VAT Department towards traders and lamented that several pending issues of the traders remain...
Source : News Track India |
Category : Business | City : Agra

Price of ebooks to plunge as EU orders cut in VAT

Price of ebooks expected to plunge as EU orders Britain to cut VAT from 20% to zeroThe price of ebooks in Britain is expected to plummet following a vote in Brussels this week that could cut VAT on them from 20 per cent to zero.In Britain, printed books are free of VAT but ebooks attract 20 per cent. In other EU countries ebooks already have lower rates of VAT. In France, for example, printed books...
Source : dailymail |
Category : Business

Petrol pumps in Delhi to down shutters on Oct 28

Delhi Petrol Dealers' Association has decided to down shutters on October 28 to press the"All 400 petrol pumps in Delhi will remain closed on that day. VAT in Delhi on diesel is 12.5% as against about 9% in Haryana, making diesel expensive in Delhi. Despite pressing hard for parity with Haryana on the issue of VAT, petrol dealers in Delhi have not been able to make much headway. Delhi Government is...
Source : Times Of India |
Category : City | City : New Delhi

Petrol prices raised by Rs 0.75 per litre, diesel by Rs 0.50 per litre

50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production.The hikes, effective midnight tonight, are excluding local sales tax or VAT and actual increase will be higher and vary from city to city., which was last hiked by 41 paise excluding VAT on December 21 as government raised commissioned paid to petrol pump dealers, will cost Rs 72.43 a litre in Delhi...
Source : Business Today |
Category : Business | City : New Delhi

Repo Rate hike will have cascading effect on economy: BJP

haveBJP today said the RBI decision to increase Repo Rate will lead to higher housing and car loan rates thus affecting the common man.NEW DELHI: BJP today said the RBI decision to increase Repo Rate will lead to higher housing and car loan rates thus affecting the common man and sought to know from the government what steps it was taking to control inflation."Government was today again left to walk...
Source : The Economic Times |
Category : National

3 Bedroom Apartment / Flat for sale in Vashi, Navi Mumbai

Higher floor with a lovely view from all the rooms. Spacious rooms & kitchen. One flat per floor, building equipped with all modern amenities. Ceiling height of 11ft there by making it one of its kind flat in Vashi. The rate quoted is inclusive of car park, VAT, Service Tax. Only Stamp Duty, Reg & Transfer charges will be extra. Rates are negotiable.When you call, don't forget to mention that you found...
Source : Propertywala |
Category : Others

Cigarette VAT hike not to puff up Punjab coffers

Expecting voluminous increase in taxes from cigarette sales, the state government in its budget for the current fiscal had increased the VAT on fags by 144%. With 55% VAT, Punjab is charging the highest rate on cigarettes among the north Indian states.However, despite huge hike in VAT, the tax returns are likely to remain nearly the same in the current fiscal against last financial year as the product...
Source : Times Of India |
Category : City | City : Thiruvananthapuram
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