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: cpt :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: TDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: empanelment :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS
 
 
VAT (Value Added Tax) »
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)
 Guidelines relating to downloading of Statutory Forms-Modification thereof
  Grant of Registration under DVAT & CST
 VAT on petroleum products to continue, to be decided by GST Council
 Government rolls out settlement scheme to clear VAT, CST dues
 Maharashtra government offers VAT benefit to realty buyers
 Govt should focus on income tax instead of VAT
 Amendments in the second Schedule received from Finance Deptt.
 VAT exemption stays in tax reform bill

Congress stages walkout in MP Assembly over petroleum prices
November, 22nd 2011

Nov 21 (PTI) The main Opposition Congress today staged a walkout in the Madhya Pradesh Assembly to protest against the State Government for not reducing VAT on the petroleum products. The Congress raised the issue during Question Hour. Replying to a question from Hemraj Singh Kalponi (Congress), Finance Minister Raghavji said the Government reviews its taxes at the time of budget only. Hence, it will review the VAT currently applicable on petrol, diesel and LPG during the next Budget and not before that.

Objecting to the reply, Leader of Opposition Ajay Singh said as compared to other states, Madhya Pradesh had higher value-added tax (VAT) on petrol and diesel. To provide relief to the people, the Government should immediately reduce VAT on petro products, he demanded. Kalpana Parulekar (Congress) said the Finance Minister's intentions are not honest on this issue and he is hesitating from providing relief to the people. The ruling BJP has promised in its manifesto to reduce the prices of petroleum products, but after coming to power it has forgotten it, Parulekar maintained. When the Opposition did not get any favourable response from the Government, the Congress members, led by Singh, staged a walkout from the House and also raised slogans against rising prices.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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