New Delhi: With Indian airlines posting a combined loss of about Rs 10,000 crore in 2012-13 and a total debt of almost Rs 90,000 crore, government on Tuesday asked state governments to slash value ad

Dealing another blow to citizens already reeling under rising prices, the State government’s decision to increase VAT (Value Added Tax) by 0.5% effective August 1, will further push up cost of househo

The Jagadish Shettar government passed its first test on Friday with the Assembly approving the state budget by a voice vote.

The vote was preceded by high drama with the Opposition Congress and JD(S

The increase in liquor prices due to 12.5 per cent VAT hike and reduction in liquor outlets on account of the state government’s new excise policy, that came into force from Sunday, have led to tensio

AP petroleum dealers, fuel tanker operators, LPG transporters, distributors and the AP Lorry Owners’ Association have threatened to go on an indefinite strike from April 16 if the government does not

The Delhi government has collected Rs 11,283 crore from Value Added Tax between April and January in the current fiscal, registering a growth of 14 per cent over the corresponding period of 2010-11

A delegation of state finance ministers from India concluded a ten-day tour of Europe on Friday after studying the implementation of the VAT system in the 27-member European Union.

"This is a high-p

The Centre on Thursday directed the state governments to exempt the bonus amount payable on wheat procured from farmers at minimum support price from the purview of value added tax (VAT) and other levies.

Diesel is likely to get cheaper by Rs 2.37 per litre in the capital as the Delhi government on Friday announced a decrease in the value added tax (VAT) on the fuel from July 20.

The Delhi Chief Mini