Tuesday, February 28, 2012

VAT hike to offset CST crunch, says Ghadai

Finance Minister Prafulla Chandra Ghadai on Saturday defended the imposition of tax on sugar and textile fabric by raising the lower rate of VAT to 5 per cent, even as the Opposition Congress demanded a rollback of the proposal and staged a walkout protesting the Minister’s reply in the Assembly. The Opposition members cautioned that if the Government did not roll back its decision, there would be Statewide agitation. The issue of VAT hike came in for a marathon discussion for over three hours in the State Assembly on an adjournment motion moved by the Opposition.
Source: Daily Pioneer

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Farm House Plots for Sale


11000 Sq.ft. developed / under development farm house plots for Sale at Morgaon (Supa) near Morgaon Ganesh Temple only for Rs.15 Lacs.... Contact; Atul Karnawat on 9823479955 or Saideep Bagrecha on 7757888883 / 9823979955