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BRS to zero in on `world`s most expensive` LPG, steep fuel prices Price rise and highest inflation rate is likely to be among the key issues in Telangana Assembly elections, slated to be held in November-December this year. While the ruling Bharat Rashtra Samithi (BRS) is likely to corner the Bharatiya Janata Party (BJP) over the high inflation rate, the ‘world’s costliest’ LPG and steep hike in fuel prices, it may come under attack from the latter and also from the Congress over Telangana recording the highest inflation rate consistent...
BRS to zero in on `world`s most expensive` LPG, steep fuel prices
BRS to zero in on `world`s most expensive` LPG, steep fuel prices
Source: IANS
27/08/2023 11:00:13 AM
Civil Aviation Ministry holds conference of aviation secretaries The Civil Aviation Ministry organised a conference of the secretaries of civil aviation of all the states and Union Territories here at Vigyan Bhavan on Monday. The conference was aimed to promote greater collaboration and synergy between state civil aviation departments and the ministry to augment the development of the sector. Officials said that subjects of infrastructure support such as the extent of land requirement for different types of airports, pending cases of handing over of ...
Civil Aviation Ministry holds conference of aviation secretaries
Civil Aviation Ministry holds conference of aviation secretaries
Source: IANS
18/10/2022 8:49:00 AM
Haryana petrol pump association urges government to reduce VAT on fuel After the reduction of excise duty on petrol and diesel by the Centre, the All Haryana Petrol Pump Association has demanded that the state government follow suit. The organization has threatened that if the Haryana government ignores their demand, all dealers of the state will not buy oil from companies on May 31, which has been named 'No Purchase Day'. The association said on Saturday that in the coming days, giving fuel to government vehicles will also be stopped. This was ...
Haryana petrol pump association urges government to reduce VAT on fuel
Haryana petrol pump association urges government to reduce VAT on fuel
Source: IANS
29/05/2022 9:19:52 AM
Russia drops gold tax to encourage savers to dump dollars Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold. The measure is meant to provide support to Russian citizens, looking to invest their rubles, which have been depreciating in value amid Western sanctions, RT reported. Moscow has imposed restrictions on the purchase of some foreign currencies, including the US dollar and the euro, the common way for Russians to protect their savings in the past. The ...
Russia drops gold tax to encourage savers to dump dollars
Russia drops gold tax to encourage savers to dump dollars
Source: IANS
10/03/2022 11:01:27 AM
Excise duty cut on petrol, diesel provided relief to consumers: Economy Survey The reduction in excise duty on petrol and diesel provided relief to the consumers, the Economic Survey 2021-22 said. The Centre in early November slashed excise duties on petrol and diesel by Rs 5 and Rs 10 per litre, respectively. Taking cue from this, some states too followed suit. "Reduction in central excise and subsequent cuts in VAT by most states has also helped ease petrol and diesel prices," the Survey said. Retail prices of petrol and diesel are typically linked ...
Excise duty cut on petrol, diesel provided relief to consumers: Economy Survey
Excise duty cut on petrol, diesel provided relief to consumers: Economy Survey
Source: IANS
31/01/2022 5:53:05 PM
Jammu and Kashmir reduces VAT on ATF to 1% To enhance air connectivity, the Jammu and Kashmir on Monday reduced the value added tax on air turbine fuel to 1 per cent. The price of ATF is a major component of the operating cost of airlines, and the state's levy on ATF significantly increases its price. According to industry estimates, ATF prices constitute over 40 per cent of total operating cost of domestic carriers and this was 70 per cent higher than the global average. Prior to the reduction, the Union Territory was le...
Jammu and Kashmir reduces VAT on ATF to 1%
Jammu and Kashmir reduces VAT on ATF to 1%
Source: IANS
12/10/2021 9:24:37 AM
UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears Indian-owned Essar Oil UK Limited (EOUK) has reached a new 'time to pay' (TTP) agreement with Her Majesty's Revenue and Customs (HMRC) on Tuesday, which gives the firm more time to settle its Value Added Tax (VAT) arrears and thereby provides it breathing space to emerge out of its financial crunch. Chief Financial Officer of EOUK, Satish Vasooja, stated: "With this time to pay arrangement, we now have a significant runway to stabilise our balance sheet which has been adve...
UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears
UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears
Source: IANS
29/09/2021 9:35:52 AM