Finance ministers of Jammu and Kashmir, Himachal Pradesh, Haryana, Uttar Pradesh, Rajasthan, Punjab, Delhi and the Union territory of Chandigarh are scheduled to meet today to discuss measures to bring about uniformity in tax rates throughout north India.
The ministers had met recently to discuss the possibility of introducing uniform rates for select commodities and had decided that the region would switch over to value added tax system from April 1, 1999. At that meeting, the states had also agreed to introduce uniform sales tax rates on 10 commodities.
Motor vehicles, which witnessed intense tax war between Delhi and Haryana, is one of the items on which the introduction of uniform rates has been agreed to.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app