Tax Your Brain: Time to test the gray matter
Jun 15, 2013
The Property Show: Top projects in Nagpur, Ludhiana
Mar 18, 2013
Thursday February 27, 2014
Plans to introduce a GST to replace existing state and federal levies such as excise duty, service tax, and value-added tax (VAT) have long been delayed by opposition from states fearing revenue losses.
India | Devesh Kumar | Wednesday February 19, 2014
A move to impose service tax on Narendra Modi's rallies has added another notch to his ongoing war of words with Finance Minister P Chidambaram.
India | Edited by Nadim Asrar (with PTI inputs) | Wednesday February 19, 2014
An embarrassed Central Excise Department on Tuesday hastily withdrew notices sent to four BJP offices demanding service tax on Narendra Modi's rallies after angry reaction from the party questioned the government's motive behind the move.
India | Edited by Devesh Kumar | Tuesday February 18, 2014
The confrontation between the Congress and the BJP is likely to escalate with the Centre deciding to slap service tax on rallies being addressed by Narendra Modi.
Friday January 24, 2014
Encouraged by the response to the service tax amnesty scheme, the Finance Ministry today exuded confidence in meeting the fiscal deficit target of 4.8 per cent for the current financial year.
Sunday January 19, 2014
Total collection of indirect taxes - excise, customs and service tax - stood at about Rs 3,55,003 crore during the first nine months of 2013-14 as against Rs 3,34,309 crore in the year-ago period, sources in the Finance Ministry said.
India | Indo-Asian News Service | Friday January 17, 2014
With the American Embassy School in New Delhi under the scanner for alleged violation of India's tax and visa laws, the US sought to sidetrack the issue by suggesting that it was not run by the embassy.
Tuesday January 14, 2014
The ban on iron ore mining by the Supreme Court had adversely impacted economic activities in Goa and also the collection of import and export duties.
Monday January 13, 2014
The first-of-its-kind amnesty scheme for service tax defaulters, which ended last month, may result in realisation of about Rs 6,000 crore of additional revenue for the government.
Friday January 10, 2014
The Reserve Bank of India (RBI) has allowed payments to utility service providers, tax payments, and EMI payments in India with a view to expand the scope of cross-border inward remittances.
Wednesday January 1, 2014
The Insurance and Regulatory Development Authority (Irda) will charge service tax from industry players on providing services such registration and renewal.
Tuesday December 31, 2013
The service tax amnesty scheme has yielded Rs 5,500 crore to the exchequer, and with just two days left for its close. the government has asked defaulters to take advantage of the scheme or face penal action.
Monday December 30, 2013
In a stern warning to service tax evaders, the government on Monday asked them to either pay their dues by December 31 or face penal action, which could include arrest and prosecution.
Saturday December 28, 2013
All offices handling service tax will remain open on Saturday as well as the day after to avoid last minute for rush those who want to avail the benefit of one-time service tax amnesty scheme.
Friday December 27, 2013
The ruling comes after the Bombay High Court late last month asked the private telecom service provider to approach the tribunal to seek redressal in the tax claim case.
South | Indo-Asian News Service | Sunday December 22, 2013
Raids at the home and offices of Malayalam actor Dileep on Saturday revealed that he has evaded payment of service tax, said central excise and service tax officials.
Wednesday December 4, 2013
Calling the Voluntary Compliance Encouragement Scheme (VCES) for service tax a rare opportunity to make a "fresh start", Finance Minister P Chidambaram on Wednesday asked those in trade and industry to seize the offer. He also made it clear that tax ...
Tuesday December 3, 2013
Finance Minister P Chidambaram will hold a review meeting on the Service Tax Voluntary Compliance Encouragement Scheme with senior officials of Customs, Central Excise and Service Tax on Wednesday, according to a senior official.
India | Press Trust of India | Friday November 22, 2013
An association of revenue department officers shot off a letter to Arvind Kejriwal, saying his recent utterances were "unnecessarily damaging the image of the fine service".
Tuesday November 12, 2013
In a stern warning to 10 lakh service tax defaulters, Finance Minister P Chidambaram today asked them to come clean so as to avoid punishment.