Articles for Cess

Tax Annual Digest 2024
4 days, 7 hours ago

Tax Annual Digest 2024

Live Law  

SARFAESI Act | Charge Of Secured Creditor Will Precede Over The Charge Based On Dues Of Sales Tax: Gujarat High Court The Gujarat High Court has reiterated that the charge of the Secured Creditor will precede over the charge of an Unsecured Creditor. The bench of Justice B. M. Shyam Prasad has observed that the GSTIN of the recipient organization …

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GoM to Dwell on 1% State Calamity Cess Under GST Framework
2 weeks, 6 days ago

GoM to Dwell on 1% State Calamity Cess Under GST Framework

Deccan Chronicle  

Vijayawada: The 55th GST Council led by union finance minister Nirmala Sitaraman will constitute a Group of Ministers to consider permitting states to impose a calamity cess of one per cent on luxury goods under the Goods and Services Tax framework. Andhra Pradesh finance minister Payyavula Keshav came up with the proposal of levying one per cent calamity cess on …

State Gst Gom Cess Nirmala Sitaraman Cent Calamity
GST council approves key reforms, defers decision on insurance premium tax cuts
3 weeks ago

GST council approves key reforms, defers decision on insurance premium tax cuts

India TV News  

The Goods and Services Tax Council, chaired by Finance Minister Nirmala Sitharaman, made significant decisions in its 55th meeting, aimed at streamlining the taxation system and curbing tax evasion. Other exemptions and clarifications Third-Party Motor Vehicle Premiums: Contributions made by general insurance companies to the Motor Vehicle Accident Fund, established under the Motor Vehicles Act, 1988, have been exempted from …

Tax Services Council Gene Therapy Fund Gst Goods
Karnataka to levy additional cess on new vehicles, ₹1000 on cars and ₹500 on bikes
3 weeks, 2 days ago

Karnataka to levy additional cess on new vehicles, ₹1000 on cars and ₹500 on bikes

Hindustan Times  

The Karnataka Assembly on Tuesday approved the Karnataka Motor Vehicles Taxation Bill, 2024, introducing an additional cess on vehicle registrations despite strong opposition from BJP legislators. The proposed legislation seeks to amend Section 3A of the Karnataka Motor Vehicles Taxation Act, 1957, by introducing a new sub-section 1 The Bill was presented by Law and Parliamentary Affairs Minister H K …

Karnataka Vehicles Bill Motor Cess
Uttarakhand to impose green cess soon for out-of-state vehicles | Check details, rates
1 month ago

Uttarakhand to impose green cess soon for out-of-state vehicles | Check details, rates

Hindustan Times  

Vehicles not registered in Uttarakhand might soon have to pay a green cess to enter the state, a government official said on Saturday, adding that this is expected to come into effect by the end of December. Two-wheelers, electric and CNG vehicles, those registered in Uttarakhand and those engaged in essential services like ambulances and fire brigades will be exempted, …

Vehicles Uttarakhand State Vehicle Cess Green Cess
Uttarakhand set to introduce green cess on private vehicles from other states
1 month ago

Uttarakhand set to introduce green cess on private vehicles from other states

New Indian Express  

DEHRADUN: In a proactive step towards environmental conservation, the Uttarakhand government is gearing up to impose a green cess on private vehicles entering the state from other regions. According to the sources at the state transport department, the proposed fee will range from Rs 20 to Rs 80, depending on the type of vehicle. Currently, only commercial vehicles from other …

Vehicles Green Cess
Uttarakhand to impose green cess on out-of-state vehicles
1 month ago

Uttarakhand to impose green cess on out-of-state vehicles

India Today  

The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday. Two-wheelers, electric and CNG vehicles, those registered in Uttarakhand and those engaged in essential services like ambulances and fire brigades will be exempted, the official said. Automatic number plate recognition cameras will identify vehicles registered outside Uttarakhand and the amount will be deducted …

Vehicles Uttarakhand Vehicle
Beverage association raises alarm over potential tax hike on aerated drinks
1 month ago

Beverage association raises alarm over potential tax hike on aerated drinks

Live Mint  

New Delhi: The Indian Beverage Association on Wednesday expressed concern over the potential increase in the goods and services tax rate on aerated drinks. Media reports on Tuesday said a group of ministers on rate rationalization has recommended increasing GST on sin goods like aerated beverages, cigarettes, tobacco, and related products to 35%. Currently, carbonated or aerated beverages, which include …

Tax Rate Gst Beverage Aerated
Amid councillors’ dissent, Chandigarh mayor scraps proposal to hike power cess
1 month, 2 weeks ago

Amid councillors’ dissent, Chandigarh mayor scraps proposal to hike power cess

Hindustan Times  

A day after councillors of the Aam Aadmi Party and the Congress disagreed to support municipal corporation’s proposal of hiking power cess in Chandigarh, city mayor Kuldeep Kumar Dhalor withdrew the proposal on Thursday. In a bid to generate more revenue amid the ongoing financial crisis, MC had proposed to increase electricity tax from 10 paise per unit to 16 …

Electricity House Chandigarh Punjab Unit Agenda 10 Paise
Tax Quarterly Digest: July To September 2024
1 month, 3 weeks ago

Tax Quarterly Digest: July To September 2024

Live Law  

Because Of Refund Due From Assessment Proceedings, Can't Escape Liability Of Depositing Tax Realized: Allahabad High Court The Allahabad High Court has held that a registered dealer cannot withhold the tax realised by him from a purchasing dealer only because he had deposited an excess amount of tax at the time of the transaction. Compensation To Discontinue Commodity Brokerage Business …

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Karnataka: Deputy CM Shivakumar refutes reports of govt imposing 'green cess' on water bills
1 month, 3 weeks ago

Karnataka: Deputy CM Shivakumar refutes reports of govt imposing 'green cess' on water bills

Deccan Chronicle  

Bengaluru: Karnataka Deputy Chief Minister DK Shivakumar has refuted the reports claiming that the state government is considering imposing a green cess on water bills in towns and cities, and termed it "bogus news" spread by the Bharatiya Janata Party. This comes after reports claimed that in order to save the eco-sensitive Western Ghats, Karnataka's Forest Department will be proposing …

Karnataka Western Ghats Water Bills Green Cess Cm Shivakumar
DK Shivakumar refutes reports of govt imposing 'green cess' on water bills in Karnataka
1 month, 3 weeks ago

DK Shivakumar refutes reports of govt imposing 'green cess' on water bills in Karnataka

Hindustan Times  

Karnataka Deputy Chief Minister DK Shivakumar has refuted the reports claiming that the state government is considering imposing a green cess on water bills in towns and cities, and termed it "bogus news" spread by the Bharatiya Janata Party. Karnataka Congress president and deputy chief minister DK Shivakumar. This comes after reports claimed that in order to save the eco-sensitive …

Karnataka Western Ghats Dk Shivakumar Water Bills Green Cess
Congress divided: is green cess in Karnataka a proposal or bogus claim by BJP?
1 month, 4 weeks ago

Congress divided: is green cess in Karnataka a proposal or bogus claim by BJP?

India Today  

The Karnataka government’s proposal to levy a monthly "green cess" of Rs 2 to Rs 3 on water bills in municipalities and corporations drawing water from rivers originating in the Western Ghats has generated mixed reactions from political leaders. In contrast, Karnataka Deputy Chief Minister, DK Shivakumar, dismissed the proposal, calling it "bogus" and accusing the Bharatiya Janata Party of …

Karnataka Bjp Cess
Karnataka planning to levy 'green cess' to ease financial strain from guarantees?
Trending News
1 month, 4 weeks ago

Karnataka planning to levy 'green cess' to ease financial strain from guarantees?

India Today  

The Karnataka government’s proposed ‘green cess’ has run into political difficulties even before a draft has been tabled. In its first budget after being elected, the Congress government announced a 20% hike in excise duty on Indian Made Foreign Liquor and a 10% increase on beer prices in the July 2023 state budget. Karnataka’s financial challenges also led the state …

Karnataka Financial Opposition State Siddaramaiah Levy Cess
Himachal assembly passes bill to levy milk, environment cess on power bills
4 months ago

Himachal assembly passes bill to levy milk, environment cess on power bills

Hindustan Times  

The Himachal assembly on Tuesday passed the Himachal Pradesh Electricity Amendment Bill, introducing milk cess of 10 paise per unit and environment cess ranging from 2 paise to ₹6 per unit on the electricity consumption. The CM said milk cess has been proposed to strengthen the economy of milk producers while the levy of environment cess is aimed at keeping …

Environment Electricity Milk Bill Unit Himachal Cess
GST Council lowers tax on cancer drugs to 5%, to finalise cuts on health and life insurance premiums
4 months ago

GST Council lowers tax on cancer drugs to 5%, to finalise cuts on health and life insurance premiums

New Indian Express  

MUMBAI: After much hue and cry over 18% GST on health and life insurance premiums, the GST Council in its 54th meeting on Monday reached a broad consensus on reducing taxes and decided to constitute a Group of Ministers to deliberate on the issue. In the meeting chaired by Finance Minister Nirmala Sitharaman, the GST Council also made several key …

Council Rate Gst Gst Council Gom
Finance Commission open to revising Karnataka's tax devolution criteria
4 months, 1 week ago

Finance Commission open to revising Karnataka's tax devolution criteria

New Indian Express  

BENGALURU: The 16th Finance Commission on Thursday said that it is open to considering the Karnataka government’s suggestion on rejudging the criterion with regard to devolution of taxes to the states, but the final decision is “far away”. Commission chairman Dr Arvind Panagariya said Karnataka has submitted a proposal stating that the 45% weightage given to the distance of per …

Finance Karnataka State Commission Finance Commission Dr Panagariya
Multiplex, OTT players wary of extra burden from Karnataka entertainment cess
5 months, 1 week ago

Multiplex, OTT players wary of extra burden from Karnataka entertainment cess

Live Mint  

The recent passage of the Karnataka Cine and Cultural Activists Bill, 2024, has left theatre owners and OTT players operating in the southern state worried. “Karnataka has a 14% market share in India’s box office market of ₹12,000 crore and a cess of 2%, will mean an impact of ₹35 crore outgo for the industry. “The Karnataka government's Bill to …

Entertainment India Karnataka Industry Tax Services State
How will the cess on movie tickets, OTT subscriptions help workers and artistes in distress in Karnataka?
5 months, 1 week ago

How will the cess on movie tickets, OTT subscriptions help workers and artistes in distress in Karnataka?

The Hindu  

Beyond the glitz and glamour of cinema, there are untold stories of thousands of artistes and workers of the industry who have little to fall back on as they age or face financial difficulties due to health issues or other reasons. To address the issue, the Karnataka government last week announced that it is considering a cess on movie tickets …

Welfare Theatre Karnataka Industry Union State Help
CAG report reveals irregularities in labour cess remittance to construction workers’ welfare board; ₹221.81 crore pending, it says
5 months, 1 week ago

CAG report reveals irregularities in labour cess remittance to construction workers’ welfare board; ₹221.81 crore pending, it says

The Hindu  

The Comptroller and Auditor General of India’s recent report has pointed to irregularities in remitting labour cess to the Tamil Nadu Construction Workers Welfare Board, by the local bodies in the State. A whopping ₹221.81 crore is pending for remittance by 99 local bodies in 10 districts in Tamil Nadu, according to the report. But, the audit, which covered 124 …

Tamil Nadu Local Local Bodies Report Cag Bodies
Karnataka Assembly passes bill to impose 2% cess on movie tickets and OTT
5 months, 2 weeks ago

Karnataka Assembly passes bill to impose 2% cess on movie tickets and OTT

Hindustan Times  

The Karnataka assembly unanimously passed the e Cine and Cultural Activists Bill of 2024 on Tuesday. An additional 2 per cent cess will be imposed on all movie tickets and OTT subscriptions in the state. Karnataka Assembly passes bill to impose 2% cess on movie tickets and OTT In an X post, Karnataka labour minister Santosh Lad said, “The Karnataka …

Karnataka Assembly Bill Ott Karnataka Assembly Movie Tickets
Karnataka’s latest tax proposal: How your movie tickets and OTT fees might increase
5 months, 2 weeks ago

Karnataka’s latest tax proposal: How your movie tickets and OTT fees might increase

Hindustan Times  

The Karnataka state government has proposed a new cess ranging from one to two per cent, on cinema tickets and Over-the-Top subscription fees to support film and cultural workers. This fee will fund social security benefits such as ESI and PF for cine artists and cultural performers under the Labour Ministry's Karnataka Cine and Cultural Activists Bill of 2024. The …

Bengaluru Karnataka Cultural Workers Cultural Activists Cine Cess
Karnataka Likely To Levy 2% Cess On Movie Tickets, OTT Subscription Fees; BJP Reacts
5 months, 3 weeks ago

Karnataka Likely To Levy 2% Cess On Movie Tickets, OTT Subscription Fees; BJP Reacts

News 18  

The Karnataka state government has proposed a new cess, ranging between 1 to 2 per cent, on cinema tickets and Over-The-Top subscription fees. “To finance these benefits, the bill proposes establishing a Cine Cultural Artistes Welfare Fund through a levy of not more than 2 per cent, and not less than 1 per cent, on cinema tickets, subscription fees, and …

Karnataka Cinema Congress Cultural Subscription Movie Bjp
Cess Will be Charged from Customers, Not App Owners: Karnataka Minister on Gig Workers Bill
5 months, 3 weeks ago

Cess Will be Charged from Customers, Not App Owners: Karnataka Minister on Gig Workers Bill

News 18  

The Congress-led Karnataka government has introduced the draft of the Karnataka Platform-Based Gig Workers Bill 2024, which aims at providing social security and welfare measures for platform-based gig workers in the state. While many gig workers across the country have been seeking better working conditions, Karnataka, which has one of the largest numbers of gig workers in the country, has …

Business Karnataka Workers Gig Workers Bill Working His Life