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
 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

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