Maharashtra govt hikes VAT on gold and diamond from 1% to 1.2%

The Maharashtra Government on Wednesday decided to increase, value added tax (VAT) on diamond, gold and the jewellery made out these commodities has been increased from 1 to 1.20 per cent.VAT on petrol and diesel was raised by Rs. 2 per litre. VAT on liquor, cigarettes and aerated drinks have also been increased by five per cent....Read More