Page 2 - Vat Reduction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Targets for selling electric cars. if they don't meet them, they will be faced with very heavy fines. from this year, 22% of all new cars produced must be zero emission, in other words electric or hydrogen—powered. but by 2028 it will be 52% — more than half. and by 2035 all new cars will have to be emissions—free. electric vehicles have proved popular as company cars, because they attract very low rates of tax, but people within the industry say they're still too expensive for most private buyers and government help is needed to boost sales. one of the things we are advocating is a vat ...

The Ministry of Finance has suggested a 2 per cent VAT cut for the first six months of 2024 on some goods and services.

Ludhiana: The petroleum dealers and petrol pump owners of the city are fuming over the increasing influx of fuel from other states and UTs like Haryan.

Legislators on May 24 listened to a proposal and a verification report on the further application of the 2% reduction in the value added tax (VAT) under a resolution dated January 11, 2022, as part of the ongoing fifth session of the 15th National Assembly.

The Government has proposed the National Assembly (NA) to consider a 2 per cent reduction in the value-added tax (VAT) on goods and services subject to a 10 per cent VAT during its coming meeting stated to start on May 22.