Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: cpt :: VAT RATES :: TDS :: empanelment :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: form 3cd :: due date for vat payment :: ACCOUNTING STANDARD
 
 
« Sales Tax »
 Arun Jaitley May Lower Corporate And Income Tax Rates But Hike The Service Tax Rate
 Tax on high seas sales becomes dispute area
  State extends GST enrolment deadline
 State extends GST enrolment deadline
 To protect its status, state forms panel to draft legislation on GST
 India Fails to Break Deadlock on New Sales Tax
 Sales tax staff protest against goods service tax council
 Income tax survey on city jeweller
 Service tax levy to weigh on upstream companies’ earnings
 5 pc tax on online sales awaits Cabinet approval
 Amendment to Additional Sales Tax Act unconstitutional: High Court

Revenue collection up, says Minister
October, 01st 2011

Finance Minister K.M. Mani told the Assembly on Thursday that the tax and non-tax fiscal performance of the government improved in the past five months compared to the corresponding period last year.

Replying to the debate on the demands for grants for Agriculture Income Tax and Sales Tax and Housing, the Minister said revenues from value-added tax (VAT) had jumped by 21 per cent to reach Rs.3,920 crore.

Collection from checkpoints had increased by eight per cent during the five months compared to the corresponding period last year.

Mr. Mani said an integrated check post had started functioning at Amaravila. Integrated check posts would be started at Walayar and Muthanga upon completion of land acquisition.

As many as 3,362 street surveys and VAT registration drives had been undertaken to prevent tax evasion. Sale of lottery from other States in Kerala had practically ended with a Central Bureau of Investigation inquiry into their operations.

He said two Assistant Commissioners had been suspended in connection with the raid on Nano Excel offices in Thrissur and compounding of the offences by collecting a penalty.

The government was ready to order a vigilance inquiry into the allegation that Rs.1.5 crore was taken as bribe in the case.

The Minister said an arrangement had been worked out with the Housing and Urban Development Corporation (Hudco) during his recent trip to New Delhi on the default of a loan of Rs.849 crore availed from Hudco by the State Housing Board.

Hudco had agreed to reschedule the loan if Rs.280 crore, including interest was paid.

Of this, Rs.10 crore had already been paid as interest. The default had landed the board in a crisis.

He said the board would take up rental housing schemes at Kuttanallur, Thrissur, and Kozhikode and build quarters for government employees in Kasaragod and Devikulam.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions