8:11 am - Thursday January 29, 2015

Tag Archives: service tax

service tax

14 more services exempted from service tax

In some good news, 14 more services will be exempted from tax as announced on June 20 by the Finance Minister Pranab Mukherjee. The services have been included in the negative list which is set to begin on July 1, 2012. The services like that...

Aviation Ministry criticises and opposes hike in service tax

After the announcement of the four fold hike in the service tax on air travel, the Civil Aviation Ministry (CAM) have strongly opposed the budget proposal. The CAM termed it as a retrograde step that would hit the fliers as well as the airlines...

Service tax increased to 12 % -Effective from April 1

Asia Bizz: The budgetary proposal of raising the service tax to 12 % has come in to affect from April 1, 2012 in India. Hereafter, restaurant bills, telephone bills, and similar activities will cost more. Finance Minister Pranab Mukherjee increased...