Chennai: The Goods and Services Tax (GST) is likely to hit makers of tractors and ultimately farmers who buy them. The inputs and accessories of a tractor now attract a total tax of 17.5% now (central value added tax (Cenvat) of 12.5% plus state VAT of 5%). About 70% of the inputs that go into [&…
Tag: UPA
Tamil Nadu second most preferred for foreign investments: Jayalalithaa
Chief Minister J. Jayalalithaa on June 23 said Tamil Nadu is one of the three most preferred states for business investments in the country and the state ranked second behind Maharashtra in the gross domestic product turnout, besides being the first in the number of factories. Replying to the di…