BJP favours abolition of income, sales, excise tax

Last Updated: Wednesday, December 11, 2013, 21:06

BJP on Wednesday favoured abolition of income, sales and excise tax and the party may include it in its vision document to be unveiled ahead of General elections next year.

Essar Oil moves SC for extension of time to pay sales tax dues

Last Updated: Friday, October 4, 2013, 20:46

Essar Oil Ltd on Friday moved the Supreme Court seeking more time for paying outstanding sales tax dues to Gujarat government on the ground that it is facing financial constraints due to economic slowdown and not given tax benefits unlike other refineries.

EU loses 200 bn euros in sales tax fraud, error

Last Updated: Thursday, September 19, 2013, 21:42

EU countries lose nearly 200 billion euros in sales-tax revenue every year due to fraud and errors, the European Commission said Thursday.

Japan to tell G20 it will raise sales tax as planned: Finmin

Last Updated: Tuesday, September 3, 2013, 08:49

Japan will tell G20 nations at a summit this week that it plans to go ahead with a two-stage sales tax hike from next year, Finance Minister Taro Aso said on Tuesday.

Japan Q2 growth slower than expected, tax hike outlook uncertain

Last Updated: Monday, August 12, 2013, 09:27

Japan's economy grew an annualised 2.6 percent in April-June, a third straight quarter of expansion but slower than expected, which may heighten calls to delay a planned sales tax hike to ensure the country makes a sustained escape from deflation.

Manhunt for Mumbai official who assaulted wife

Last Updated: Saturday, May 11, 2013, 18:08

A manhunt has been launched for a top official of the Sales Tax department who allegedly assaulted his wife at their apartment in suburban Borivli, police said on Saturday.

Sales tax official held for taking Rs 2 lakh bribe in MP

Last Updated: Sunday, March 24, 2013, 12:22

A senior sales tax official was caught while allegedly accepting a bribe of Rs two lakh here, Lokayukta sources said on Sunday.

Govt to release Rs 9,000 cr to states in CST compensation

Last Updated: Thursday, February 28, 2013, 17:19

It also expressed the hope that a consensus with states on the Goods and Services Tax, which has been in the works for long, will be reached within a few months.

'Slash sales tax on ATF, rationalise tax and duty structure'

Last Updated: Tuesday, February 26, 2013, 20:08

The representatives sought other measures to encourage regional connectivity and engineering activities.

Committee on CST recommends settling previous claims

Last Updated: Tuesday, February 26, 2013, 17:07

A committee has recommended that individual states' central sales tax (CST) compensation claims of earlier years be settled on case to case basis at the earliest to pave way for smooth rollout of GST.

Sibal writes to states for special status to mobiles: Sources

Last Updated: Tuesday, February 12, 2013, 20:14

Telecom Minister Kapil Sibal has written to a committee of state finance ministers asking them to declare mobile phones and tablets as goods of special importance under Central Sales Tax Act, which may lead to the gadgets becoming cheaper by 7-8 percent, sources said.