Value Added Tax Vat

The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.

The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.

Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.

The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.

More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.

The Gujarat government announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10% and said two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme.

Maharashtra will reduce the Value Added Tax or VAT on fuel, effectively bringing down the prices in the state, Eknath Shinde said today in a big populist move as the new Chief Minister of Maharashtra.

Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices

Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.

PM Modi today requested states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism". Listing fuel prices in cities across the country, PM Modi pointed out that states which had lowered have lower fuel prices.

The states will have to take a hit of approximately Rs 44,000 crore in terms of tax revenue once they reduce value added tax on petrol and diesel

Maharashtra BJP president Chandrakant Patil today demanded that the state government reduce the Value Added Tax (VAT) on petrol and diesel, after the Centre recently cut the excise duty on the fuels.

Punjab BJP chief Ashwani Sharma today slammed the Charanjit Singh Channi-led government in the state for not reducing Value Added Tax (VAT) on petrol and diesel to provide relief to consumers.

The BJP and the Congress Friday demanded the Kejriwal government to immediately reduce the Value Added Tax (VAT) on petrol and diesel to give relief to people.

The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.

The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.

Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.

The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.

More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.

The Gujarat government announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10% and said two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme.

Maharashtra will reduce the Value Added Tax or VAT on fuel, effectively bringing down the prices in the state, Eknath Shinde said today in a big populist move as the new Chief Minister of Maharashtra.

Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices

Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.

PM Modi today requested states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism". Listing fuel prices in cities across the country, PM Modi pointed out that states which had lowered have lower fuel prices.

The states will have to take a hit of approximately Rs 44,000 crore in terms of tax revenue once they reduce value added tax on petrol and diesel

Maharashtra BJP president Chandrakant Patil today demanded that the state government reduce the Value Added Tax (VAT) on petrol and diesel, after the Centre recently cut the excise duty on the fuels.

Punjab BJP chief Ashwani Sharma today slammed the Charanjit Singh Channi-led government in the state for not reducing Value Added Tax (VAT) on petrol and diesel to provide relief to consumers.

The BJP and the Congress Friday demanded the Kejriwal government to immediately reduce the Value Added Tax (VAT) on petrol and diesel to give relief to people.