Service Tax
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Service charge collected by hotels is not service tax: Finance Ministry
Jul 14, 2015, 05:11 PM ISTNew Delhi: The government today clarified that “service charge” collected by certain restaurants and hotels is not “service tax”, which is levied at a rate of 5.6 per cent on the total bill.In a statement,
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Service tax only in AC restaurants; effective rate 5.6%
Jun 10, 2015, 12:26 PM ISTNew Delhi: Service tax will not be levied on customers dining in restaurants without air conditioning facility or central heating, the Finance Ministry has clarified.Even the restaurants that have ACs or central heating will levy
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June 01: Top 5 News Headlines you might have missed today
India | Jun 01, 2015, 09:52 PM ISTGovt abandons Kargil martyr Sourav Kalia, decides against dragging Pakistan to ICJThe Central government has reportedly taken a U-turn in the case of Kargil martyr Sourav Kalia.Talking to a newspaper, MoS for External Affairs Gen
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Service tax hiked to 14%: Know how it will burn your pocket!
Jun 01, 2015, 06:05 PM ISTAlready struggling to cope with rising inflation, the common man will now have to make their pockets adjustable to the revised service tax structure. With effect from today, service tax charges have been increased from
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Higher service tax makes mobile, eating out, travel expensive
Jun 01, 2015, 07:49 PM ISTNew Delhi: Eating out, mobile phone usage and air & rail travel have become expensive from today with the government hiking service tax rate to 14 per cent.The government's proposal to increase the rate of
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New service tax rate of 14 pc applicable from today
Jun 01, 2015, 07:21 AM ISTNew Delhi: The new service tax rate of 14 per cent will come into effect from today, a move that will make eating out in restaurants, insurance and phone bills expensive, among many other things.The
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New service tax rate of 14 pc to come into effect from June 1
May 19, 2015, 09:56 PM ISTNew Delhi: The new service tax rate of 14 per cent will come into effect from June 1, government today said, in a move that will make eating out in restaurants, insurance and phone bills
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From April 1, museum, zoo tickets to turn cheaper, air travel costlier
Mar 31, 2015, 03:43 PM ISTNew Delhi: Entry tickets to museums, zoo and tiger reserves would become cheaper, while business class air travel, investment in MFs and chit funds would become expensive with some of the service tax proposals announced
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Swachh Bharat may add 1% cess to 5-star hotel bills
Mar 12, 2015, 08:29 AM ISTNew Delhi: Eating or staying in five stars hotels are set to become costlier, as the government is likely to start levying the 'Swachh Bharat Cess' in some services. This will surely leave a slightly
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Alcohol to get dearer after service tax hike
Mar 03, 2015, 10:52 AM ISTNew Delhi: With 2 % hike in service tax rate from earlier 12 % to 14% , as announced in the Union Budget 2015-16 on Saturday , the new prices are likely to make a
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Service Tax amnesty scheme may fetch about Rs 6,000 cr
Jan 12, 2014, 04:04 PM ISTNew Delhi: The first-of-its-kind amnesty scheme for service tax defaulters, which ended last month, may result in realisation of about Rs 6,000 crore of additional revenue for the government.The Voluntary Compliance Encouragement Scheme (VCES), which
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Finance Minister exhorts service tax defaulters to come clean
Nov 14, 2013, 10:37 PM ISTNew Delhi: Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram today said the government could not have come out with a better offer for them to come clean.Addressing
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Finance Minister P Chidambaram to address industry bodies on service tax amnesty scheme
Nov 07, 2013, 11:23 PM ISTNew Delhi: Aiming to garner higher revenue from indirect taxes, Finance Minister P Chidambaram will address industry bodies at Chennai, Delhi and Mumbai on Voluntary Compliance Encouragement Scheme 2013. VCES had been introduced with effect
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Uttarakhand: Centre exempts all hotels, guest houses, clubs from service tax
India | Sep 18, 2013, 05:25 PM ISTNew Delhi: All hotels, guest houses, clubs and eating joints like restaurants in calamity-hit Uttarakhand have been given exemption from service tax by the Finance Ministry.The move is aimed at providing support to local population,
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Mumbai eateries on strike against new service tax
India | Apr 29, 2013, 10:29 AM ISTMumbai, Apr 29: Millions of Mumbaikars could go hungry Monday as around 20,000 hotels, restaurants, licenced tea and snacks outlets as well as ubiquitous vada-paav stalls go on strike to protest the new service tax
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Tamil film, TV industry shuts to protest service tax
Bollywood | Jan 07, 2013, 07:27 PM ISTChennai, Jan 7 : Work in Tamil entertainment industry came to a grinding halt today following a one-day fast by the stakeholders demanding scrapping of service tax levied by the Centre on artistes with superstar
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Kingfisher aircraft seized in Mumbai over non-payment of service tax
India | Dec 11, 2012, 09:54 PM ISTMumbai, Dec 11 : Kingfisher Airlines today said it is in discussions with several investors for equity partnership, including Gulf-based Etihad Airways, but denied any deal with any of them, even as it lost five
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Kingfisher aircraft impounded over non-payment of service tax
India | Dec 11, 2012, 12:33 PM ISTMumbai, Dec 11: The Service Tax Department here has impounded an aircraft of the grounded Kingfisher Airlines for defaulting tax dues amounting to Rs 63 crore, officials said today."We have seized one ATR aircraft of
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No service tax on rail tickets bought before Oct 1
India | Sep 28, 2012, 09:30 PM ISTNew Delhi, Sept 28: Service tax on AC class train fare will not be realised on tickets purchased before October 1 as railways modified its earlier decision on it. Fares of AC First Class, Executive
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Farah Khan unhappy with service tax on actors
Bollywood | Jul 02, 2012, 02:38 PM ISTMumbai: Bollywood producer-director Farah Khan, who will make her acting debut with "Shirin Farhad Ki Toh Nikal Padi", has expressed her displeasure over the government's announcement of service tax to be levied on actors.Bollywood and