Value Added Tax
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Delhi’s VAT Department told to improve image
New Delhi, May 21 (IANS) Delhi government’s Finance Minister A.K. Walia Thursday directed the VAT (value-added tax) department to improve its image by ensuring transparency and check corruption.
‘He asked the senior officers to intensify vigil during public dealing and start maintenance of visitor’s record with an aim to curb instances of malpractices. He further instructed [...]
Bajnai presents Hungary’s new government programme
Budapest – Prime Minister Gordon Bajnai Sunday presented his new government’s programme of crisis measures and public spending cuts to steer Hungary out of its economic woes.
Pensions, public sector pay and welfare payments were all cut while value-added tax was increased in an effort to relieve the national budget by the equivalent of 4.4 billion [...]
Latvia and Lithuania top EU inflation figures
Riga/Vilnius – Struggling Baltic economies Latvia and Lithuania retained the highest inflation levels in the European Union, according to official figures released Monday.
In Latvia, whose government collapsed last month, the consumer price index (CPI) rose by 1.1 per cent from January to February.
Latvia’s year-on-year inflation figure now stands at 9.6 per cent, but economist Olga [...]
