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: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: cpt :: VAT Audit :: empanelment :: TDS :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: list of goods taxed at 4% :: form 3cd :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD
 
 
« ITAT-Constitution of Benches »
 Income Tax Appellate Tribunal Kolkata Benches Kolkata Consolidated list of Orders read for Pronouncement on 02/12/2016
 Income TAx Appellate Tibunal Pune Benches Pune Causelist for Bench "A" For The Week Ending 09/12/2016
 Income Tax Appellate Tribunal Kolkata Benches Kolkata Constitution of Kolkata Benches for 05/12/2016
 Income Tax Appellate Tribunal Ahmedabad Benches ahmedabad S/shri R. P. Tolani, Jm & Manish Borad, Am Causelist For Bench 'A' Date : 05/12/2016
 Income Tax Appellate Tribunal New Delhi Benches New Delhi The Revised Constitution of Delhi Benches from 28/11/2016 To 01/12/2016
 Income Tax Appellate Tribunal Mumbai Benches Mumbai Statement showing The List of Special Bench Cases Pending for 2016 as on 16/11/2016
 Income Tax Appellate Tribunal Mumbai Benches Mumbai list of order ready for pronouncement on 30/11/2016
 Income Tax Appellate Tribunal Chennai Benches Chennaj Revised Constitution For The Week From O5/1212016 To O8/12120-16
 Income Tax Appellate Tribunal: Vice President’s Secretariat: Hyderabad Constitution Of Hyderabad Benches
 Income Tax Appellate Tribunal, Visakhapatnam Bench List Of Division Bench Cases Posted Before Shri V.Durga Rao, Hon'ble Judicial Member & Shri G.Manjunatha, Hon'ble Accountant Member During The Period From 21.11.2016 To 09.12.2016
 Income Tax Appellate Tribunal, Mumbai Benches, Mumbai. List Of Division Bench Cases Posted For Hearing From 25.11.2016

Govt starts reward plan to boost VAT collections
May, 23rd 2016

The Delhi government will launch a reward scheme for market associations on Monday in an attempt to boost VAT collections .

Under the Market Associations Reward Scheme , the government will set VAT collection targets for each market association. If the collections from the markets exceed the respective targets, the particular association will get 10% of the VAT collected above the target level. Other than this, 10 best market associations will also get cash awards every year of Rs 5 lakh each. This money will be in addition to the VAT revenue shared with the association for exceeding targets.

Deputy chief minister Manish Sisodia will launch the scheme, along with a special website where market associations will have to register. "To be eligible for the awards, associations will have to register themselves with the Department of Trade and Taxes. An association must have at least 50 registered members and must be a legal entity registered under the Societies Registration Act, 1851. The target for VAT collection has been fixed at 25% above the VAT collected in the last financial year," said a government official.

The web portal, on which associations are to register themselves, will also provide the facility to monitor the filing of VAT returns and deposit of VAT by its members. This will enable the association to pursue with tax defaulters and return defaulters and ensure filing of returns as well as deposition of tax on time.

Officials said that the proceeds from VAT which may go to an association is to be used for the development of public amenities and infrastructure, along with beautification of the market.
The scheme will also help the government keep a tab on bogus dealers, nil tax payers, tax declining dealers and return defaulters.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

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