The absence of a scheme drafted specifically with service business in mind results in unwarranted compliances and consequent inefficiencies.
Fiat amendment in the Budget takes the issue back to where it was
The business community looks forward to a liberalised credit scheme wherein all goods and services used for the business purpose…
Minimal changes leave us with anticipation of reforms in the full budget
The scheme offers taxpayers a chance to rectify honest mistakes without being penalised heavily for the same
The indirect tax proposals appear to be focused on the finer nuances rather than big-ticket changes
The levy of indirect taxes on software in India is riddled with complexity and uncertainty.
Budget 2012 has proposed certain conceptual changes in the way service tax in India is administered, and this article seeks…
At a first glance, the indirect tax proposals of Budget 2012 appear to be strongly driven by a motive of…
Continuous capacity addition in the power sector is widely acknowledged as a key socio-economic growth driver for India.
As the nation prepares itself for the goods and service tax, the government is in the process of fine-tuning different…
The proposal to enhance the service tax coverage on the healthcare sector on services provided by all private clinical establishments…
