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Modi govt profiting from fuel price hike: Guj Cong

Gujarat Congress today alleged that the Narendra Modi-led government was profiting even from fuel price rise and demanded reduction in the Value Added Tax (VAT) levied on diesel."In the whole country, no state has such a high tax on diesel as in Gujarat. With 21% VAT and 3%cess, Gujarat has the highest rate of tax burden on diesel amongst 26 states," alleged state Congress president Arjun Modhvadia...
Source : Hindustan Times |
Category : National | City : Delhi

Game tax proposed by CT lawmaker

Republican representative whose district includes Newtown proposes 10 percent excise tax on all M-rated games sold in state.A Connecticut lawmaker whose district includes Newtown, Connecticut, has introduced athat would charge a 10 percent excise tax on all games sold in the Constitution state rated M-for-Mature by the Entertainment Software Rating Board.) asks that the state's general statutes be...
Source : Game spot |
Category : Games

UP govt refuses to reduce VAT on diesel

reduce the rate of Value Added Tax(VAT) on diesel with claiming that the rate of tax on the product is less in the state if compared with 13 states of...
Source : Webindia123 |
Category : National

Slump in HP business, higher tax rate to hit growth

Slump in HP business, higher tax rate to hit growth Slump in HP business, higher tax rate to hit growth...
Source : The Economic Times |
Category : Science N Technology

Narendra Modi govt profiting from fuel price hike: Congress

on Friday alleged that the Narendra Modi-led government was profiting even from fuel price rise and demanded reduction in the Value Added Tax (VAT) levied on diesel."In the whole country, no state is having such a higher tax on diesel as in Gujarat. With 21 per cent VAT and 3 per cent cess, Gujarat has the highest rate of tax burden on diesel amongst 26 states," alleged state Congress president Arjun...
Source : DNA |
Category : Headlines | City : Mumbai

Filmmakers shooting in Goa might get tax relief

bid to promote Goa as a film shooting destination, the state government is working on a tax relief scheme which aims to refund entertainment tax back to filmmakers,...
Source : Webindia123 |
Category : Headlines

Entertainment tax structure to be relaxed: Ambika Soni

Entertainment tax on movies could come down with the government mulling a uniform structure to rationalise tax rates which vary between 25 per cent to 45 per cent in different states, a senior minister indicated today."Of course, one major tax can incorporate all others," Information and Broadcasting Minister Ambika Soni told reporters when asked whether a single tax under the Goods and Services Tax...
Source : DDINews |
Category : National | City : National

Entertainment Tax Structure To Be Relaxed : Ambika Soni

Entertainment tax on movies could come down with the government mulling a uniform structure to rationalise tax rates which vary between 25 per cent to 45 per cent in different states, a senior minister indicated today.“Of course, one major tax can incorporate all others,” Information and Broadcasting Minister Ambika Soni told reporters when asked whether a single tax under the Goods and Services Tax...
Source : India TV |
Category : Entertainment

U.S. corporate tax rate: No. 1 in the world

Japan's cut in corporate tax rate, set to take effect April 1, will leave the U.S. corporate tax rate the highest in the world.NEW YORK (CNNMoney) -- On Sunday, the United States gets a distinction no nation wants -- the world's highest corporate tax rate.Japan, which currently has the highest rate in the world -- a 39.8% rate on business income between national and local taxes -- cuts its rate to...
Source : cnn |
Category : Personal Finance

28 Ahmedabad multiplexes slapped with ‘spirit of law’ tax

strange ‘reinterpretation’ of video licensing rules, the Ahmedabad collectorate’s entertainment tax department has ordered 28 out of the 90 video theatres in the city to obtain cinema licenses or pay ‘loose entertainment tax’. This is expected to increase the department’s income by Rs12 crore as ‘loose entertainment tax’ means 20% of the ticket price and not the fixed tax which video theatres had to...
Source : DNA |
Category : National | City : Mumbai