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: empanelment :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: VAT Audit :: due date for vat payment :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: form 3cd :: TDS
 
 
« VAT (Value Added Tax) »
 15% rise in collectionof VAT for Oct-Nov
 China to simplify tax scheme after switch to VAT
 Cabinet clears key proposals on VAT, regularisation of jobs
 Cases of VAT overcharging flood consumer forum
 State seeks relief from Centre
 Flat rate VAT changes for small businesses explained
 Cenvat Credit Of Additional Duties Of Customs [Cvd] On Imported Coal
 Excise Dept puts VAT refund on fast track
 Consumer fora receive 18 VAT plaints
 Appointment of Assistant VATO - F.3(14)/Fin(Rev-I)2012-13/DSVI/334
 Bio-diesel body seeks VAT relaxation

VAT hike makes festival expensive
January, 16th 2012

This year, celebrating Pongal is going to be a costly affair with prices of all items going up. While the governments revision of VAT has enhanced the prices,? including that of oil, the prices of other edible products have also been raised by shopkeepers. Sugarcane is being sold at Rs 60 to 80 per pair, while jaggery is sold at Rs 40 per kg.? Non-vegetarians also have to shell out cash, as mutton is now selling at Rs 400 per kg and chicken at Rs 110 per kg. Fish is not available in the markets, but is being sold in small quantities on street corners: five? medium-sized sankara fish are being sold at Rs 150. People who have gone without fish for some time now are grabbing the fish irrespective of the high price.

Travelling is also going to be expensive after the hike in bus fare, and autorickshaws are charging higher rates as well. People who normally flock to the seaside during Pongal will have to pay more. The local buses are charging Rs 5 as minimum fare within town limits, while autorickshaws are charging Rs 100 from New Bus Stand to the beach. Those who are going to rural Puducherry have to shell out almost double the earlier fare, with Puducherry to Thirukkanur being Rs 10 as compared to `6 earlier.

It is going to be a simple affair for most families, however, after Cyclone Thane. Shopping for clothes has been low key even during the festive season. Power is yet to be restored in some areas. Those in rural south Puducherry? are busy putting up shelters and will limit Pongal to rituals. Monetary relief of Rs 2000 from the government to each family has given a boost to celebrations.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

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