« Top Headlines » Open DEMAT Account in 24 hrs  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment? «  Cos tweak salaries to reduce FBT load... Tax sleuths raid real estate developers in Bangalore... » Consumer is king in Rajasthan's VAT compliance scheme June, 27th 2007 Consumers in Rajasthan can look forward to winning prizes worth up to Rs.10,000 simply by asking for a bill after any purchase as the state government launches next month a unique scheme to ensure better compliance of the value added tax (VAT). Chief Minister Vasundhara Raje, who also holds the finance portfolio, had announced the Dhanlaxmi Scheme in her budget speech in March. "The scheme will be implemented from July 1 in Jaipur, Ajmer, Bharatpur, Udaipur, Jodhpur, Kota and Bikaner regional headquarters," Minister of State for Finance Virendra Meena told IANS. The VAT system introduced in the state in 2006-07 functions on the basis of a cash memo, but some traders avoid the tax by not issuing a bill. The scheme is aimed at plugging the leakage in the tax collection, a senior finance department official said. Consumers taking a bill of a value above Rs.100 will be given coupons that can be deposited in boxes placed at offices of the Sales Tax Department and other places, he said. Winners will be selected through a draw of lots every fortnight in Jaipur and every month in other cities. There are 20 prizes of Rs.500 each and one prize of Rs.1,000, Rs.5,000 and Rs.10,000 each. "This scheme will help us in shoring up VAT revenues," he said.