Bhopal, May 19 (IANS) The Opposition Congress in Madhya Pradesh on Tuesday attacked the BJP-led Centre over the latest hike in petrol and diesel prices, and demanded an immediate reduction of Rs 10 per litre to provide relief to the public in the state.Senior Congress leader and former Chief Minister Kamal Nath said fuel rates had been raised again within a week, with petrol and diesel becoming costlier by 90 paise per litre from Tuesday.“The government is citing international factors behind t…
Latest VAT News & Updates
New Delhi, May 15 (IANS) The Maharashtra Government on Friday reduced value-added tax (VAT) on aviation turbine fuel (ATF) to 7 per cent from 18 per cent, offering relief to airlines grappling with rising operational costs amid global uncertainties and higher fuel prices.According to a notification issued by the state finance department, the revised VAT rate came into effect from May 15 and will remain applicable until November 14, 2026.The move marks an 11-percentage-point reduction in VAT on j…
Bhubaneswar, March 27 (IANS) In the wake of the Central Government’s decision to reduce excise duty on petrol and diesel by Rs 10 per litre, the main opposition Biju Janata Dal (BJD) on Friday demanded a reduction in the VAT imposed by the Odisha government on fuel, noting that the ruling BJP had made similar demands when it was in the Opposition. In a press statement, BJD spokesperson Dr Lenin Mohanty on Friday stated that due to the ongoing conflict between Israel, the United States, and Ira…
Shimla, March 26 (IANS) Himachal Pradesh Bharatiya Janata Party (BJP) MP and former Union Minister Anurag Thakur, on Thursday, launched a sharp attack on the Congress government in the state, saying that the party, which came to power in 2022 on the basis of tall poll promises and “10 guarantees”, has completely failed to deliver even a single commitment. The BJP leader said that the Congress government has instead continuously burdened the people with rising taxes and inflation.He added that th…
New Delhi, March 24 (IANS) BJP MP Anurag Thakur on Tuesday accused Leader of Opposition (LoP) in the Lok Sabha, Rahul Gandhi, of being the “Leader of Propaganda or Leader of opposing Bharat.” His reaction follows the Congress MP’s recent remarks alleging that Prime Minister Narendra Modi is “100 per cent under the control” of US President Donald Trump.Speaking to reporters outside Parliament, Thakur said, “They demean the country. He (Rahul Gandhi) has now become Leader of Propaganda or Lead…
New Delhi, March 10 (IANS) Air India group on Tuesday announced a phased expansion of fuel surcharge on its domestic and international routes, saying the move is “necessitated by the steep rise in jet fuel prices” arising from the geopolitical situation in the Gulf region.The new fuel surcharges are being implemented in three phases, covering travel on all flights, including those operated by Air India Express.In Phase 1 (for all new bookings made from 0001 hours India Standard Time on March…
New Delhi, Jan 4 (IANS) Several challenges faced by the Bangladesh economy from 2025, such as the rising non-performing loans in the financial sector, are likely to spill into the new year, according to local media reports.The Bangladesh Bank had limited room to act, as the government relied heavily on high-cost borrowing from the banking sector. At the same time, debt defaults continued to weaken banks’ ability to extend fresh credit, the Dhaka-based The Daily Star reported.High interest rates …