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 :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: form 3cd :: cpt :: list of goods taxed at 4% :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« Indirect Tax »
 Indirect tax collections rise by 23.1 per cent in November
 Government waives service tax charged while making payments through credit card, debit card, charge card or any other payment card; waiver limited to payments up to Rs. 2,000 in a single transaction
 Clarification Regarding Filing of Offline Challans with IEPF Authority under Companies Act
 Cash deposits in Jan Dhan accounts drop after govt warning: income tax dept
 Indirect tax receipts to see small, brief hit’
 There is no tax on interest income of up to Rs3 lakh a year for senior citizens
 Chidambaram favours change in direct tax rates
  Further rationalization of revised simplified procedure for fixation of brand rates
 Kerala to accept demonetised banknotes for payment of state tax till Nov 24
 Centre-state gridlock over GST jurisdiction remains, could threaten tax rollout
 India to levy tax on investments from Cyprus from April 2017

Haryana announces major relief in property tax
February, 28th 2014

Ahead of the Lok Sabha polls, the Haryana government has announced a major relief in the payments of property tax in the municipalities of the state.

Chief minister Bhupinder Singh Hooda, while presiding over the state Cabinet meeting, on Wednesday announced one time rebate of 30 per cent for those property owners who clear all their dues or arrears upto year 2012-13 by March 31, 2014.

However, mobile phones costing above Rs 10,000 would be more expensive, with the cabinet deciding to increase VAT to 8 per cent from 5 per cent at present.

The government has also announced a rebate of ten per cent admissible to those assesses who pay their total tax for the assessment year by July 31 of that assessment year, a statement said.

For the year 2013-14, the concession of ten per cent would be admissible to those assesses who deposit their dues by March 31, 2014.

Hooda said that 100 per cent rebate would be given till March 31, 2016 to properties situated in 'Lal Dora' (land which is part of the village habitation) of those villages, which have come in the limits of the municipalities on or after April 1, 2010.

The chief minister also announced 50 per cent cut on property tax on petrol pumps. Similarly, 50 per cent rebate in commercial space rate has also been given to IT park, cyber city or parks of all municipalities.

The flats constructed over an area of 2,000 square feet would also get 50 per cent cut in property tax. This will benefit about 80 per cent flat owners in the state.

The Cabinet also approved to reduce the VAT rates on scientific instruments under the Haryana Value Added Tax Act, 2003.

The scientific instrument industry of Ambala has been demanding for the reduction of the VAT on equipments to 5 per cent from 12.5 per cent at present.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

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