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 STANDARD :: VAT RATES :: list of goods taxed at 4% :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: empanelment :: form 3cd :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
« 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
 Maharashtra will soon achieve Rs one lakh cr sales tax : CM Devendra Fadnavis
 CBEC chief bats for minimal exemptions for India Inc under GST
 Issuance of Free Sale & Commerce Certificate to Merchant Exporters
 Why model GST law does not give confidence to exporting community
 State governments tighten their grip on sales tax holidays
 Income tax dept charts plan to broaden national taxpayer base

LPG cylinder in Delhi to cost only Rs 10 more, not Rs 50
June, 06th 2008

An LPG cylinder in Delhi will be dearer by Rs 10 instead of Rs 50 as the city government on Thursday announced a subsidy and reduction in sales tax on the cooking gas though it gave no relief on petrol and diesel.

The new rate of LPG will be effective from tomorrow, Delhi Chief Minister Sheila Dikshit told reporters after a Cabinet meeting which discussed ways to ensure that Delhiites bear lesser burden of the fuel price hike announced by the central government yesterday.

Apparently wary of facing the people's fury in the Assembly polls slated five months later, the Delhi Cabinet decided to scrap the four per cent VAT and provide a subsidy of around Rs 26 per cylinder.

As a result, the increase in LPG rate will be Rs 10, including taxes, instead of Rs 50 in Delhi, Dikshit said, adding a cylinder, currently priced at Rs 294.70 paise, will now cost Rs 304.70 paise.

Going by the Rs 50 hike announced by the Centre, the price of an LPG cylinder would have been Rs 340.30 paise.

The subsidy would put a burden of Rs 165 crore on the state exchequer, she said.

Dikshit said the decision to give relief to Delhiites on LPG was taken keeping in mind her government's commitment towards Aam Adami (common man).

She said her government is discussing the modalities with the oil companies about how to go about the reduction.

The Delhi government, however, gave no relief on prices of petrol and diesel, citing affordability of users of these fuels.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

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