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COIMBATORE: Minister for commercial taxes and registration department P Moorthy on Monday chaired a meeting with the representatives of traders’ associations and industrialists in Coimbatore and Erode region to understand their grievances related to commercial tax and the goods and services tax (GST).
The state government will extend all support to honest traders and take action against dishonest traders, the minister said. He appealed to traders to help the government find spurious players.
“Representatives from Tirupur have sought a separate commercial tax office in the district. Their request will be taken to the knowledge of the chief minister. Opinions and demands related to GST were obtained from the representatives and steps will be taken to convey them to the GST council,” Moorthy said.
Ludhiana: Within just a fortnight of its grand launch, the Punjab government s one-time settlement (OTS) scheme has run into rough weather, as several businessmen have questioned its limited scope.
The plan waives 90% tax and 100% penalties and interest of those whose old VAT cases of the year 2013-14 were reopened for assessment and framed up to December 31, 2020. The businessmen say this will benefit only those whose tax liability is up to Rs 1 lakh, and those beyond this limit will get no relief. They want the government to end this disparity and treat every taxpayer equally to take the benefits of this scheme to maximum people.
Odisha seeks 90:10 pc sharing pattern for centrally-sponsored schemes ANI | Updated: Jan 19, 2021 16:20 IST
Bhubaneswar (Odisha) [India], January 19 (ANI): In a pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, Odisha s Finance Minister Niranjan Pujari has demanded sharing pattern in the centrally-sponsored schemes (CSS) at par with north-eastern and Himalayan states.
Pujari called for a sharing pattern to stop off-budget transfers of funds for CSS. Even if it is an off-Budget resource for the Union government, it should be routed through the Reserve Bank of India (RBI).
He called for allowing states to operate the CSS directly instead of opening a separate scheme based bank account. An advance indication on Central assistance for the CSS should be given and funds should be released as per commitments.