Begin typing your search above and press return to search.
Womens Day: Building a digitally equal world
access_time 8 March 2023 4:38 AM GMT
Women must arise now and embrace equity
access_time 7 March 2023 10:52 AM GMT
The criminal case against Vladimir Putin
access_time 27 Feb 2023 9:46 AM GMT
Censorship that stifles free speech
access_time 24 Feb 2023 7:02 AM GMT
Homechevron_rightKeralachevron_rightState to accept...

State to accept demonetised banknotes for state tax payments

State to accept demonetised banknotes for state tax payments

New Delhi: The Kerala government has decided to accept demonetised Rs 500 and Rs 1,000 notes for payment of various taxes, Finance Minister Thomas Isaac said Sunday.

The demonetised currency notes would be accepted for paying tax arrears too, the minister said, adding that the decision was taken after discussion with Union Finance Minister Arun Jaitley during todays GST Council meet.

"Various state taxes including vehicle tax, registration tax, electricity bills, water tax can be paid using the old currency notes till November 24 and the order regarding this will be issued tomorrow," Isaac said.

The minister also said the people can use the demonetised notes to recharge season tickets of Kerala State Road Transport Corporation.

The state government has also demanded the Centre allot a grant or a loan to compensate the losses suffered by the state due to demonetisation.

"The Union Finance Minister has agreed to consider our demand. We had set aside enough to pay the next months salary but if the Centre does not cooperate, then it will affect the Christmas celebrations," Isaac said.

The state government has also decided to appoint a panel to study long-term and short-term impacts of the demonetisation move in the state.

"The Centres decision to withdraw the banknotes have seriously affected the income of the state. VAT collection and vehicle registration have been badly hit," he added.

Show Full Article
Next Story