Mangaluru : Dr M Subramanyam, commissioner for Central Excise and Customs, on Wednesday appealed to stakeholders to make use of various windows available, to sort out the issues related to the newly implemented Goods and Services Tax (GST). Addressing the gathering during an awareness programme on GST organised by Kanara Chamber of Commerce and Industry (KCCI) […]

Bengaluru : Liquor and tobacco products are set to become more expensive as CM Siddaramaiah increased the VAT on them from between 17 to 24 percent, while presenting his 10th state budget on Friday. He also announced 1 percent hike in tax on petrol and diesel in the state budget for 2015-16. There was a […]

New Delhi : In a third such reduction in a month, petrol prices were reduced by Rs 1.51 per litre from midnight on Sunday while diesel prices were increased by 50 paise per litre excluding value added tax (VAT) . The cut in petrol price will be more after the local taxes or VAT is […]

Bangalore : Janata Dal (Secular) leader H D Revanna on Monday demanded a probe into the huge cost escalation of the Namma Metro project.  Participating in the budget discussion at the Assembly, he said that the cost of the project has shot up from Rs 6,395 crore to Rs 15,352 crore, since 2007. Revanna said, […]

New Delhi :  State owned oil companies today announced a hike of Rs 1.55 per litre in petrol prices, excluding VAT from midnight on Sunday. The price hike has been attributed to higher oil prices and falling value of Rupee. “Since last price change, the downward spiral ofRupee against the USD dollar has continued to […]

New Delhi : Oil marketing companies have decided to increase petrol prices by up to Rs 2 per litre, excluding VAT, on Saturday as the weakening rupee is making oil imports costlier. Petrol price revision will be effective from midnight and the increased prices will come into effect from June 16. Petrol price was last […]

New Delhi: Petrol price will come down by 92 paise while cost of diesel will go up by 37 paise from midnight Sunday in the capital, with the Delhi government issuing a notification adjusting the Value Added Tax (VAT) on the two fuels. Petrol will cost Rs 70.24 per litre from current Rs 71.16 per […]

Mangalore: The Kanara Chamber of Commerce & Industry (KCCI), along with FKCCI of Bangalore organised a practical workshop in Value Added Tax (VAT) and other  commercial (sales etc) taxes, and the E-filing of tax returns on Saturday (today) at 11 a.m. The event was inaugurated by J. R Bangera, Senior Vice-President of FKCCI, who explained […]