Tag: Vat

While BJP State President Samir Mohanty in a tweet on Sunday called for a cut in VAT by the State government, his party at a press conference in Sambalpur reiterated the same demand. 

Jharsuguda: Amidst outrage across the country over rising fuel prices, Union Petroleum Minister, Dharmendra Pradhan today urged Odisha Chief Minister, Naveen Patnaik to reduce VAT on petrol & diesel like other state governments. “The central government had already deducted excise duty on petrol and diesel a few months ago. Many states have started reducing the […]

Bhubaneswar: Activists of the Biju Janata Dal (BJD) today took to streets here as part of the party’s three-day statewide protest against skyrocketing of fuel prices across the country. Holding banners and shouting anti-Government slogans, hundreds of party activists, including women staged a demonstration followed by a protest meeting at Raj Bhawan Square here. Members […]

Bhubaneswar: Instead of blaming the Centre, the Odisha government should cut its 26% value added tax (VAT) on fuel to bring the rising petrol and diesel prices under control, said Union Minister Dharmendra Pradhan here today. Addressing media persons at a presser, Pradhan said, “Both the Centre and the State have roles in controlling fuel […]

Bhubaneswar: Protesting rise in fuel prices, activists of the BJD youth and students’ wing staged demonstration near Master Canteen square here on Thursday. The BJD activists today carried out a rally on bullock carts and staged protests at the Master Canteen square demanding immediate cut in fuel prices. The ruling party alleged that fuel prices […]

Bhubaneswar: After rejecting the Centre’s plea to cut VAT on petrol and diesel by 5 per cent last week, the Odisha government on Tuesday said that it can only reconsider its decision if it is assured of an alternative source of income by the Central government. “For Odisha government it is not possible to reduce […]

Bhubaneswar: The Odisha government has called for a two-day special session of Legislative Assembly starting today to deliberate on the GST and VAT (amendment) bill in the House. Prior to it, a workshop on GST was organised by the Finance Department on Wednesday for legislators. The law makers were imparted training by the experts and […]

Bhubaneswar: The Odisha government today approved the GST (Goods and Services Tax) Bill after the cabinet gave its nod for implementation in state across all goods except six. Among the 6 goods which have been kept out of the ambit of the State GST, 5 are petroleum products and the sixth one is alcohol. The […]

Bhubaneswar: After the recent ministry reshuffle, the State Cabinet will meet for the first time today to discuss the implementation of Goods and Service Tax (GST) and Odisha Value Added Tax (Amendment) Bill. Besides, some proposals of Agriculture and Technical Education departments are likely to be tabled in the Cabinet. The meeting will be chaired […]

Bhubaneswar: Chief  Secretary Aditya Padhi today said the fiscal deficit of Odisha is well within the limits. “The fiscal deficit is well within the permissible limit of 3.5 percent of GSDP. The present level of fiscal deficit is around 2 percent of Gross State Domestic Product (GSDP). The debt and GSDP ratio of the State […]

Bhubaneswar: The State Cabinet meeting presided over by chief minister Naveen Patnaik at the State Secretariat here today approved six proposals. Talking to media persons after the meeting, chief secretary Aditya Prasad Padhi said the Cabinet decided to name all Lift Irrigation (LI) projects after eminent female freedom fighter Parbati Giri, nicknamed as Mother Teresa […]

Bhubaneswar: The Odisha cabinet approved as many as 19 proposals at a meeting held on Thursday evening. The cabinet meeting which was chaired by Chief Minister Naveen Patnaik approved the Food and Procurement Policy for Kharif Marketing Season 2016-17. In the policy, the state government has set a tentative target of collecting 30 lakh metric […]

Bhubaneswar: After reduction of Value Added Tax (VAT) on pulses from 5% to 1%, the prices of pulses are likely to come down by Rs 4 or 5 per kg from Friday, the Federation of All Odisha Traders Association (FAOTA) informed media persons on Thursday. “Consumers will get pulses at Rs 4 to 5 less […]

Bhubaneswar: After reduction of Value Added Tax (VAT) on pulses from 5% to 1%, the price of pulses is likely to come down by Rs 4 or 5 per kg from tomorrow, the Federation of All Odisha Traders Association (FAOTA) informed media persons here today.. “Consumers will get pulses at Rs 4 to 5 less […]

Bhubaneswar: In a major relief to customers groaning under the skyrocketing prices of pulses, the Odisha Cabinet on Tuesday approved a proposal to reduce Value Added Tax (VAT) on pulses from the existing 5% to 1%. To be effective from July 1, The VAT reduction, however, will be effective for a period of three months […]