Service tax

Budget 2023 Expectations: Simplification of tariff structure and the expected policy developments

Budget 2023-24: It is expected that Budget 2023 would talk about the policies and measures towards infrastructure development, boosting exports,…

January 24, 2023 13:37 IST

No service tax on pre-2007 composite work contracts: SC

A composite works contract is essentially a contract of service which also involves supply of goods in the execution of…

August 3, 2022 01:30 IST

The food, no matter how meticulously researched, is presented with a practised nonchalance that comes across as approachable and friendly.

That Californian roll: Weighing-in on the service charge debate

No matter where a Californian goes or what they do, you can always sense that underlying easy-chill energy marking the…

July 17, 2022 01:00 IST

Vijay Mallya’s jet auction: Service tax department buys time to address queries

The luxury airbus was to be auctioned on May 12 to recover part of alleged service tax dues of over…

Updated: May 12, 2016 11:06 IST

All services by govt to businesses to attract Service tax

The revenue department today said all services provided by government or a local authority to a business entity will attract…

April 14, 2016 21:38 IST

Govt to move Supreme Court on Service Tax levy on lawyers

The revenue department has decided to move the Supreme Court for transfer of petitions filed in three High Courts, which…

April 11, 2016 19:47 IST

Liquid funds or savings accounts? Where to park your money for better returns

HC stays govt notification imposing service tax on senior lawyers

In a relief to the legal fraternity, the Delhi High Court on Friday stayed the government’s notification imposing service tax…

Updated: April 2, 2016 14:10 IST

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EPF tax in Budget 2016: 60 pct tax on accrued interest only after April 1, 2016

EPF tax on withdrawal: In the wake of the Arun Jaitley Budget 2016 proposal to impose the EPF withdrawal tax,…

March 3, 2016 10:11 IST

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Budget 2016 and income tax: Bonanza for taxpayers coming, threshold to be hiked from Rs 2.5 lakh to Rs 3 lakh

Budget 2016 and income tax: Bonanza for taxpayers coming, threshold to be hiked by Rs 50,000: The common man taxpayer…

February 23, 2016 15:26 IST

Get set for price hikes as service tax rate to soar 16% in Budget 2016: Top 5 points to note

Budget 2016: The rate of service tax could go up to a flat 16% from an effective 14.5% now in…

February 15, 2016 14:09 IST

Budget 2016-17: Service tax to be raised to 16% but with broader credit

The rate of service tax could go up to a flat 16% from an effective 14.5% now in the coming…

Updated: February 15, 2016 11:40 IST

Online education firm under lens for alleged tax evasion

One of the promoters of an online educational portal has been arrested by central revenue authorities for allegedly evading service…

January 21, 2016 23:53 IST

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Swachh Bharat cess: Eating out, telephony gets costlier from today

With the imposition of the Swachh Bharat cess, service tax rate will go up from 14 per cent to 14.5…

Updated: November 15, 2015 12:00 IST

How to decode your restaurant bill in 4 easy steps and pay less

Why did I pay more than what I had eaten at a restaurant? That question takes a lot of the…

November 3, 2015 17:54 IST

Why do you pay more than what you have eaten for?

In addition to the amount we pay for the food at a restaurant, we also pay for service charge, service…

Updated: November 3, 2015 08:49 IST

Arun Jaitley’s GST: Why not unite central excise and service tax first?

While the government continues to hold out hope on GST by now talking of advancing the winter session so that…

September 11, 2015 21:00 IST

Service Tax department to focus on 5 evasion prone sectors

Faced with lower-than-expected growth in Service Tax collection, the revenue department has decided to focus on five key sectors, including…

September 6, 2015 11:57 IST

Sebi can’t pass on service tax liability to investors

Sebi receives Rs 150-200 cr a year for services to investors; will have to pay tax for period from July…

August 29, 2015 04:06 IST

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Vietnamese EV giant VinFast debuts in India with two SUVs

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Vietnamese EV giant VinFast has made its debut in India with the launch of VF 6 and VF 7 models. VF 6 offers a 59.6-kWh battery and 468 km range, while VF 7 has two battery options and 438-532 km range. The company aims to expand its presence with 35 dealerships and 26 workshops, competing with other EVs in the market.

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