VAT Archives - Rvpg media

Digital, traditional firms now on equal footing with online VAT

Finance Secretary Benjamin Diokno hailed the passage on third reading at the House of Representatives last Nov. 14 of a bill related to imposing the value-added tax (VAT) on digital transactions, saying this would level the playing field between traditional and new businesses. Diokno said that, in particular, House Bill (HB) No. 4122 entitled Imposing … Read more

Hunt under fire for using lobby group data to shield private schools from £1.7bn VAT | Schools

Education experts have slammed Jeremy Hunt’s use of data from the leading private school lobby group to justify his decision not to raise £1.7bn by adding VAT to school fees. Delivering his autumn statement on Thursday, the chancellor took a swipe at Labour’s policy of boosting funding for struggling state schools by ending tax breaks … Read more

UAE Finance Ministry amends some provisions of VAT law

The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No 8 of 2017 on value added tax (VAT), which will be effective from January 1, 2023, according to state news agency Wam. The amendments made are in line with international best practice in light of the GCC Unified VAT Agreement. … Read more

Gujarat govt cuts VAT on CNG & PNG, to give two cylinders free to Ujjwala beneficiaries- The New Indian Express

By PTI GANDHINAGAR: Ahead of Diwali, the Gujarat government on Monday announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10 per cent 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. The reduction … Read more

Haryana govt offers industries VAT relief on PNG and CNG gensets

The Haryana government on Saturday announced that it will provide industrial units in the state with a 50% rebate in value-added tax (VAT) to replace diesel gensets with natural gas ones. The scheme will be applicable to all industries, including MSMEs, and will be effective for two years from the date of notification, a government … Read more

Gujarat Cuts VAT by 10% On CNG, PNG; To Give Two Free Cylinders To Ujjwala beneficiaries

Ahead of the festive season and Gujarat Assembly polls, the state has announced a major cut in Value Added Tax (VAT) on Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). Giving relief to many citizens, Gujarat government has announced a reduction in VAT by 10 per cent on both these fuels. It has also … Read more

Gujarat Cuts VAT On CNG, Piped Cooking Gas Prices By 10% Ahead Of Polls

The Gujarat government has reduced VAT on CNG and PNG by 10 per cent ahead of assembly polls. Gandhinagar: Ahead of Diwali, the Gujarat government on Monday announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10 per cent and said two cooking gas cylinders will be given free every year … Read more

Diwali GIFT from Gujarat government: 2 free LPG cylinders, 10 per cent reduction in VAT on CNG, PNG | Economy News

In a Diwali bonanza for the people of Gujarat, the state government today announced to give two free cooking gas cylinders (Liquefied petroleum gas-LPG) to beneficiaries of Pradhan Mantri Ujjwala Yojana. The decision will benefit aroudnd 38 lakh people across the state as they will get two LPG cylinders free per year. The state government … Read more