Reduction in VAT helped states operate at higher capacity: Centre

Jan 05, 2023

The reduction in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF), has apparently helped the states operate at higher capacity levels.

Reduction of LPG prices; revision of tax slabs: Expectation from Budget 2024

Jul 23, 2024

"We are expecting the budget to be better than the previous year. The tax slab should be revised by the government. We expect the...

"Revolutionary reforms": Union Minister G Kishan Reddy lauds tax reduction on coal

Sep 04, 2025

According to the Ministry of Finance, coal previously attracted a 5 per cent GST, along with a Compensation Cess of Rs 400/ton, prior to...

PM Modi highlights GST reduction, income tax benefits calls it "double bonanza"

Sep 21, 2025

Prime Minister Narendra Modi, addressing the nation a day ahead of the implementation of recently made GST reforms, linked the move to the government's...

Share prices of oil companies up after windfall tax cut

Jul 20, 2022

New Delhi [India], July 20 : Soon after the government announced the reduction in windfall tax on crude oil, the share prices of major...

Meghalaya cuts VAT on petrol, diesel

Nov 05, 2021

Shilong (Meghalaya) [India], November 5 : Meghalaya Chief Minister Conrad Sangma on Friday announced a reduction in the Value-Added Tax (VAT) on petrol and...