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News tagged with “service tax”. Found: 407 tagged news reports.
 

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Mumbai :: India | 16 hours ago

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One such long-overdue step is the announcement of revision of the existing definition...Further, the present definition is based on investment in plant and machinery for the manufacturing sector and investment in equipment for the service sector.

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New York City :: NY :: USA | 14 days ago

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Check your restaurant bills for the correct calculation of service charges, service tax and VAT Tipping waiters in restaurants after a meal, is a common practice. The money goes to the waiters directly and is a gesture to recognise their service and

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Mumbai :: India | 14 days ago

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Service tax evaders have been given a window to clear their dues in the Budget 2014-15, at a lower rate of penal interest. According to a provision introduced in the Budget, in case of delay in payment of service tax, the penal interest will go to as

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Mumbai :: India | 17 days ago

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The move will encourage investments in the power sector and will benefit  plants getting operational by FY17. Reliance Power, JP Power etc likely to benefit.   A sum of Rs 100 crore is  allotted for preparatory work for Ultra Modern Super Critical  

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Mumbai :: India | 21 days ago

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In Budget 1994-95, Dr. Manmohan Singh introduced Service Tax at the rate of 5 per cent as the sector was contributing 40 per cent of GDP...The tax was levied on telephones, non-life insurance and stockbrokers. The coverage of the levy has since been

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Mumbai :: India | 22 days ago

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The government is considering the long-pending demand of the DTH industry for rationalisation of tax structure for the sector which feels burdened by multiple taxes that amount to around 33 per cent of its revenue. Direct-to-Home (DTH) operators feel

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Chennai :: India | 1 month ago

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In the letter, a copy of which was released to the media, Mr. Vijay said the film industry's growth was affected because of the 12.5 per cent service tax. He noted that several prominent film production companies and producers were moving away from

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Mumbai :: India | 3 months ago

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Rs 147 crore (Rs 1.47 billion) by May 12 towards service tax dues. The matter pertains to the imposition of service tax for use of global distribution systems by airlines for ticket reservation. Tax demand was raised against several airlines,

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Mumbai :: India | 3 months ago

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A fter the income tax department, the excise and service tax department plans to use information from third-party sources to match with its own data and assess reasons for unsatisfactory tax collections from some sectors. If other indicators for some

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Kolkata :: India | 4 months ago

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Central excise collection increased by nearly 2 per cent and service tax by 14-16 per cent during the FY 2013-14 for the Kolkata circle, but is short of the revised target. "The final numbers are not yet released but approximately our excise

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