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Service Tax

Jan 20, 2017 at 09:38 | Source: PTI
Industry body Retailers Association of India has asked for early implementation of the GST, which will be a game changer for the Indian retail sector which is pegged to grow to USD 1.3 trillion by 2020, its CEO Kumar Rajagopalan said.
Jan 19, 2017 at 19:58 | Source: CNBC-TV18
India needs to keep its taxes competitive with those of others in the region but the pace of competitiveness is important because that attracts foreign investors, said Adrian Lim of Aberdeen Asset Management.
Jan 19, 2017 at 09:08 | Source: PTI
"GST, which is a destination based tax, will increase the tax revenue of a consumer state like Kerala and also will make business more transparent. The new tax system would also end corruption to a great extent," he told reporters here.
Jan 18, 2017 at 20:14 | Source: Moneycontrol.com
Demonetisation is behind and Digital is ahead; Budget is an event to reward the honest tax payer.
Jan 18, 2017 at 01:00 | Source: Housing.com/news
The Indian home buyers are quite convinced that whatever incentives are given to them in the union budget, will never reach them. The reason: Investors and middlemen in the Indian housing market, will absorb R
Jan 17, 2017 at 21:02 | Source: PTI
India is projected to grow by7.7 per cent in fiscal 2017, remaining the fastest growinglarge developing economy, as it benefits from strong privateconsumption and gradual introduction of significant domesticreforms, a United Nations report said.
Jan 17, 2017 at 17:10 | Source: PTI
The GST Council, headed by Union Finance Minister Arun Jaitley and comprising representatives of all states, had in its meeting last month decided to keep out a provision from the Draft Model GST Law giving CAG powers to call for any other information for audit.
Jan 17, 2017 at 14:00 | Source: PTI
According to the Japanese financial services major, while the resulting inflation impact will be minimal, the impact on growth would be marginally negative in the run up to its implementation.
Jan 17, 2017 at 12:12 | Source: Moneycontrol.com
A higher service tax will prevent a greater price shock after GST kicks-in from July 1, 2017; it will also help the Centre partially offset the revenue loss from foregoing exclusive rights over service tax that accounts for 14% of total central revenues currently
Jan 16, 2017 at 20:12 | Source: CNBC-TV18
Some kind of calendarisation from now onwards till we move to GST would be appreciated by all business houses, said MS Mani, Senior Director, Deloitte.
Messages on Service Tax »

News Flash

Platinum Member

1334 Followers

Just Posted  

Adi Godrej CNBC-TV18 Exclusive : Expect FM To Raise Service Tax To A Certain Extent

6.30 PM Jan 20th

News Flash

Platinum Member

1334 Followers

Just Posted  

Adi Godrej CNBC-TV18 Exclusive : Expect FM To Raise Service Tax To A Certain Extent

6.15 PM Jan 20th

adipradeep

New Member

0 Follower

Budget  

restaurants are taking service tax from customers but is that amount reaching government account? My Answer is no...!! If tax department provide billing machines to all service providers and make it as mandatory then govt can control the chain of sales right from factory till it reaches end user

5.33 PM Jan 19th

adipradeep

New Member

0 Follower

Budget  

restaurants are taking service tax from customers but is that amount reaching government account? My Answer is no...!! If tax department provide billing machines to all service providers and make it as mandatory then govt can control the chain of sales right from factory till it reaches end user

5.29 PM Jan 19th

ComoditySca
lper

Platinum Member

577 Followers

index  

Service tax in independent India is like `zizia kar(tax)` in the British era.

1.29 PM Jan 19th

@NiftyLover
s

New Member

0 Follower

index  

Service tax likely to be hiked to 18%

1.12 PM Jan 19th

Budget  

or religion status 4. Drastically reduce the income tax because people are paying lot of indirect tax 5. Make debit card and online transactions free of service tax 6. Make 5% of basic to be deposited in bank FD as mandatory with an fixed return of 12 % per annum 7. Announce more tax free holidays for those

12.06 PM Jan 19th

optymystyx

New Member

0 Follower

Budget  

Why Should I pay income tax if I have to pay service tax on almost anything I am buying ? Why this double taxation. And if at all we are to be double taxed then why companies or corporations are spared from it. Please do not say it has been happening like this for ages, Please do something about

7.32 PM Jan 18th

bebalajicap
ital

New Member

115 Followers

Shreyas Shippin  

firstly service tax increased close to 18%gst. this is losistick co sop for budget proposal. wait and watch,

4.02 PM Jan 18th

Ajay Baweja

Platinum Member

839 Followers

Jaiprakash Asso  

When Dr Manmohan Singh demitted the office in 2014 the rate of service tax was just 12.36%. This govt in the last 2 years has raised it to 15% on flimsy ground. Now there is a talk of raising it to 18% to align it with the minimum rate of GST.That will be a big big neative for the economy

9.38 PM Jan 17th

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