Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Budget 2024 makes new income tax regime more attractive: See how much taxes you can now save
 ITR filing 2024: New vs old income tax regimes, 6 key things to consider while filing your tax return
 These five technical glitches may impact your Income tax return (ITR) filing. Know here
 ITR filing 2023-24: How to optimise Section 80D deductions at the time of filing tax returns
 ITR filing 2023-24: Top 7 mistakes to avoid for hassle-free income-tax return filing this year
 Income tax returns for FY 2023-24: Keep these 8 tax law changes in mind while filing ITR this year
 ITR Filing 2024: Know who can and cannot file income tax returns using ITR-1 this year
 Income Tax Filing: 10 necessary guidelines that you must be aware of
 Why you should file your income tax returns before July 31
 What is Form 26AS? How to download Form 26AS to file Income Tax Return (ITR)
 Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR?

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.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting