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
 
 
Popular Search: TDS :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: form 3cd :: ACCOUNTING STANDARD :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT Audit :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: list of goods taxed at 4%
 
 
« VAT (Value Added Tax) »
 Naidu to raise issue of VAT on textiles in Assembly
 Bengal govt owes Rs 300-350 cr to leather exporters as VAT refunds
 TDP to take up textile VAT issue in Assembly
 Textile stir a dampner for weddings
 Ministers differ over VAT on textile traders
 VAT conference turns ugly in Jamshedpur
 VAT conference turns ugly in Jamshedpur
 No abolition of VAT on textiles
 Gujarat govt asks Essar Oil to pay Rs 8011cr tax
 Will pay VAT on sale of gas in UP from Feb 1
 Strike hits petty traders

Naidu to raise issue of VAT on textiles in Assembly
February, 02nd 2012

Telugu Desam Party president N. Chandrababu Naidu on Tuesday extended his party's support to the ongoing strike by textile traders and said the issue would be raised in the coming budget session of the Assembly.

DHARNA HELD

Participating in the dharna' organised by the traders demanding withdrawal of 5 per cent VAT on textiles, Mr. Naidu wondered why the Congress government was reluctant to remove the tax when other States have done it several months ago. He said if the government remains adamant and fails to concede the traders' demand, there was danger of the textile industry and trade shifting to other States.

This was not only the issue of two lakh textile traders, but 20 lakh workers who depend on them and of heavy burden on the common man.

FALSE PROMISES

The government has assured a tax- free environment to the textile industry, but has now brought the VAT through the back door before the State budget, he added and wondered how the State would create 15 lakh jobs after rendering so many people jobless. Senior TDP leader G. Butchaiah Chowdhary criticised the government for targeting the cloth merchants.

Meanwhile, textile markets across the State - including in Hyderabad remained closed on the eighth day on Tuesday, the last day, in response to the call given by the Andhra Pradesh Federation of Textile Associations (APFTA) protesting the imposition of VAT. In many towns and cities, textile traders took out processions, staged dharnas and launched relay hunger strikes.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2012 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Victorian Jewelry | Estate Jewelry | Handmade Jewelry | Rose Cut Diamond | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Fashion India | Fashion Garments | Fashion Shows | Fashion Designers | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions