VAT
Food
Demonetization frontlines: Small stores struggle to survive, but many support Modi
IANS -
There are about 12 million to 14 million kirana shops -- family-run corner-shops/ mom-and-pop or convenience stores selling groceries and other products -- across India (according to a 2015 report by PricewaterhouseCoopers, a consultancy, with India Retail Forum), and...
Food Service
HC notice on plea against excess VAT collection by restaurants
IANS -
The Delhi High Court on Wednesday sought responses from Central and Delhi Governments on a plea alleging that restaurants in the capital were charging excess value added tax (VAT) on the food and drinks served by them.
Hearing the plea,...
Retail
Delhi rolls back VAT on clothes, hybrid vehicles
In it's second Budget, the Aam Aadmi Party in Delhi has proposed to rationalise taxes by reducing the Value Added Tax (VAT). Now, several items like sweetmeats and namkeens, high-end watches, readymade garments and footwear, and hybrid and battery-operated vehicles will...
Retail
Big states say no to VAT on cigarettes
A good news for smokers, three big states have refused to amend VAT or value added tax which was enforced on cigarette.
As per the report of Edelweiss - the online trading portal, this refusal will see a reduction in...
Retail
Realtors thrash Kerala Budget
After the retailers, it is time for the realtors to condemn Kerala’s State Budget for 2008-09 as, according to them, it is a big blow to the construction sector.
The Confederation of Real Estate Developers’ Associations of India (CREDAI) said...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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