« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing: 6 Ways to Get Exemption on Income Tax  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals «  For that feeling of expansive lightness... Service Tax (Fourth Amendment) Rules, 2006... » Maharashtra makes VAT claim of Rs 389 crore September, 25th 2006 Maharashtra has made a compensation claim of Rs 389 crore to the Centre for the shortfall in tax revenues recorded by the State in April-July 2006 on account of implementation of Value Added Tax (VAT). In fiscal 2005-06, which was the first year of VAT implementation, Maharashtra had made a total VAT compensation claim of about Rs 3,550 crore. Of this claimed amount, the Centre has so far disbursed about Rs 1,400 crore to the State. Meanwhile, sources said that the tax revenues of the State registered a 30 per cent growth in the first five months of the current fiscal.