Petrol and diesel in Punjab will get dearer by 90 paise per litre as the state cabinet on Friday approved an increase in value added tax (VAT). The cash-strapped state government hopes to mop up an additional Rs 400 crore with the increase in VAT on fuel.
Source: timesofindia.indiatimes.com
Latest Posts in "India"
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes
