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Service Tax

Feb 22, 2017 at 20:38 | Source: PTI
The adoption of the GST couldhelp raise India's medium-term GDP growth to over eight percent and create a single national market for enhancing theefficiency of the movement of goods and services, the IMF saidtoday.
Feb 22, 2017 at 17:00 | Source: PTI
Biscuit manufacturers have sought 'nil' tax on low price biscuits under the proposed Goods and Services Tax (GST).
Feb 21, 2017 at 17:14 | Source: CNBC-TV18
If the Good & Services Tax (GST) Bill is introduced without exhaustive planning, it could turn into a disaster, warns Manish Sisodia, Deputy CM of Delhi and a member of the GST Council.
Feb 21, 2017 at 10:30 | Source: CNBC-TV18
According to Asian Paints CEO KBS Anand, Goods won't create a disruption which will last for more than a quarter. He added that GST will enable the organised sector to perform better depending upon tax rates on paints.
Feb 20, 2017 at 12:50 | Source: Moneycontrol.com
As a consultant you are required to pay a flat 10 per cent tax on income while an employee is taxed as per applicable slab, the highest being 30 per cent along with surcharge.
Feb 19, 2017 at 12:26 | Source: PTI
Cash purchases of jewellery willattract 1 per cent TCS (tax collected at source) from April 1if the amount exceeds Rs 2 lakh, as against the currentthreshold of Rs 5 lakh.
Feb 18, 2017 at 18:09 | Source: CNBC-TV18
MS Mani, Senior Director, Deloitte, said the clause will also help curb inflationary pressures on the economy when GST is implemented.
Feb 18, 2017 at 17:15 | Source: Moneycontrol.com
Finance Minister Arun Jaitley-led GST Council met on Saturday and approved the Draft Compensation Bill, in a bid to speed up the rollout of Goods and Services Tax by July 1, 2017. Crucial draft laws pertaining largely to Central GST, Integrated GST and State GST are yet to be finalised.
Feb 17, 2017 at 19:20 | Source: PTI
The GST Council, which is meeting on Saturday, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers.
Feb 16, 2017 at 21:18 | Source: CNBC-TV18
News from the north block, the latest data from the finance ministry shows that domestic and multinational companies owe a staggering Rs 6 lakh 89 thousand crore to the tax department in outstanding arrears. The tax department has already sent a missive to the companies asking them to pay up.
Messages on Service Tax »

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Biscuit manufacturers have sought 'nil' tax on low price biscuits under the proposed Goods and Services Tax (GST).

5.06 PM Feb 22nd

jonas16

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Gati  

The goods and services tax or GST helps the central government with a central tax and also helps logistic players with a central tax. Currently these players have to spend for each and every state their vehicles go for a run, after the GST it would be central thus making processes more efficient

12.16 PM Feb 22nd

laxmi3112

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SpiceJet  

ATF wl b part of GST unlike petrol/diesel so once GST come into force hopefully by july 1st then there is chance of not only to b lower price but also wl b adjusted to service tax to b paid by airlines.That is what one of d tax expert opined to me.

1.21 PM Feb 20th

uuuthh

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NIFTY NEXT 50  

week. Cigarette makers` shares are likely to be in focus next week as the Goods and Services Tax Council may discuss categorisation of tobacco products on Saturday, and decide to keep these products under the highest slab of 28% plus cess. Futures Meanwhile, at 24 mln, open interest in the Nifty 50

12.44 PM Feb 19th

BLUE JAY SKIES

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NMDC  

. Another Item of 108 Cr has been Provided for Royalty Service Tax in Other Expenses, Taking total Amounts to Strong 300 Crores, which would have BOOSTED EBITDA. 3, NET PROFIT has Seen 595 Cr Vs 421 Cr, and THIS INCLUDES ANOTHER 201 CR Towards Mine Closure Obligations, which has lowered Net profit Figures

7.12 PM Feb 13th

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Perhaps in a first, the government may have to recalibrate its budgetary tax collection estimate half-way after the goods and services tax (GST) comes into effect from July.

12.04 PM Feb 12th

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Tennis player Sania Mirza has been issued notice by the Service Tax department in connection with alleged non-payment or evasion of service tax.

11.42 AM Feb 9th

shubham_meh
rotra

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index  

Big Negative : Service Tax department summons Sania Mirza over alleged Tax evasion. !

10.42 AM Feb 9th

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The Confederation of All India Traders (CAIT) today said it will prepare 5,000 trade leaders across the Country as 'Master Trainers', who will be responsible to empower and educate the trading community about Goods and Services Tax (GST).

5.26 PM Feb 8th

agrawalknat
h

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1948 Followers

Budget  

are paying taxes by way of VAT and service tax and other taxes in my life so highly thatout of our total income we pay near 65% in taxes. All of you are not less than a English or Moghul emperor.

2.56 PM Feb 5th

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