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Goa News |Economy | Finance

Tuesday 11 August 2026

News Analysed, Opinions Expressed

Economy | Finance

Goa may not benefit from uniform tax policy

Rather than benefiting, Goa may lose revenue on the count of the uniform sales tax policy in spite of the fact that the existing tax structure is much below average in the tourist state here.The ... READ

Goa's VDIS for local tax evaders

In an attempt to mop up revenue by plugging leakages, the Goa government has floated a scheme similar to VDIS for the payment of local sales tax, luxury tax and entertainment tax.While fixing a deadline ... READ

Sardinha exploits BJP tie-up for central aid

To pull the tourist state out from the debt trap, chief minister Francisco Sardinha is now relying more upon the central leaders of his coalition partners – the Bharatiya Janata Party.Pulling down the erstwhile Congress ... READ

Why Goan economy is in shambles ?

Total collapse of political stability, development without a foresight or plans and high spending without matching it with revenue generation measures are the internal factors whereas total absence of merits and performance as a criteria ... READ

Sardinha allows ST holiday till March 2000

In a major step to reverse the cabinet decision of his predecessor, chief minister Francisco Sardinha has announced that the sales tax exemption for the new industries would remain in force up to March 2000.The ... READ

ST exemption withdrawal kept in abeyance, at last

Putting an end to the controversy which had made the whole Goan industry hostile towards the Congress government, the decision to withdraw sales tax exemption has been now kept in abeyance till the year end.Chief ... READ

Partial withdrawal of Sales Tax exemption :

By Luizinho Faleiro, Chief MinisterCirculated to the media on 5 October 1999 1. The state of Goa has the best social indicators in the country like high literacy, Low birth rate, low mortality, better nutrition. ... READ

I don't care if I lose my position : Faleiro

"I don't care even if I lose my position as the chief minister, but I will not bow down before the pressure from the business groups", says chief minister Luizinho Faleiro while disclosing his intention ... READ

Faleiro takes major steps to mop up revenue

In an attempt to fill the empty coffers of Goa, the Luizinho Faleiro government today took major steps, including cutting down the 28-year old blanket sales tax holiday to the industries to half of its ... READ

Goa plans a white paper on eco-health

Caught up in a deep debt trap, Goa is now planning to come out with a white paper on financial condition of the tourist state and take all sorts of remedial measures to improve its ... READ