Keyword : Service Tax

Jaitley’s budget prepares India for a big take off

Announcing a budget aimed at high growth finance minister Arun Jaitley delivered his first full-year budget with proposals to boost investment and benefits to ordinary people. "

Banking, insurance, travel going to be expensive due to service tax

Savings will be taxed so will be spending. From Monday most of the services one buys will attract enhanced service tax of 14% and TDS (tax deducted at source) is going to charged on all kinds of FD

Krishi Kalyan Cess to make eating out, mobile bills costlier

 June 1 onwards, people will have to pay an addition 0.5 percent tax whenever they go out to dine or buy a movie ticket. The Krishi Kalyan Cess, announced by finance minister Arun Jait

Tax collections go up

Direct tax and indirect tax collection figures for the period April 2016 to December 2016 have shown a positive trend as direct taxes grew by 12.01% and indirect taxes went up by 25% over the corre

Arrears of Service Tax have shot up: CAG

Arrears of Service Tax, which was Rs 22,014 crore in 2012-13, tripled to Rs 71,257 crore in 2014-15. However, recovery during the year as a percentage of unrestrained recoverable arrears registered

Is runaway taxation stifling the Indian economy?

An archetypal Indian, let us call him Ram Lal, pays water tax, municipal tax, road tax, house tax, sales tax, central sales tax, professional tax, value added tax, octroi,  service tax



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