New norms for manual scrutiny of service tax returns from August

Last Updated: Friday, July 17, 2015, 17:03

Central Board of Excise and Customs (CBEC) will start detailed manual scrutiny of service tax returns of assessees based on risk parameters under modified norms from August 1.

Higher service tax comes into effect; eating out, travel and mobile become expensive

Last Updated: Monday, June 1, 2015, 08:38

The government's proposal to increase the rate of service tax from 12.36 percent (including education cess) to 14 percent has come into effect from Monday.

Mobile, hotel, other services to be costlier from Monday

Last Updated: Sunday, May 31, 2015, 11:37

Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent. The proposal takes effect from June 1.

Service tax: Boon for UPA and Bane for consumer!

Last Updated: Friday, October 12, 2012, 18:35

The service tax regime was started by Dr Manmohan Singh on July 1, 1994, during his days as finance minister under P V Narasimaha Rao government.

Negative list for trade with India to be phase out by Dec: Pak

Last Updated: Thursday, September 6, 2012, 14:59

The negative list regime for trade with India will be phased out by December after the move is approved by the federal cabinet, Commerce Minister Makhdoom Amin Fahim has said.

Service tax: Boon for UPA and Bane for consumer!

Last Updated: Thursday, July 5, 2012, 14:14

The service tax regime was started by Dr Manmohan Singh on July 1, 1994, during his days as finance minister under P V Narasimaha Rao government.

New 12% Service Tax regime comes into effect

Last Updated: Sunday, July 1, 2012, 18:48

From now, with the exception of 38 services, which figure in the negative list, all other activities would attract 12 percent tax.

New 12% Service Tax regime comes into effect

Last Updated: Sunday, July 1, 2012, 18:48

From now, with the exception of 38 services, which figure in the negative list, all other activities would attract 12 percent tax.

Service Tax: Services that become costlier from today

Last Updated: Sunday, July 1, 2012, 10:17

With the implementation of the new Service Tax of 12 percent many things will become expensive from Sunday.

Most services to cost 12% more from today

Last Updated: Saturday, June 30, 2012, 19:27

With the exception of 38 services, which figure in the negative list, all other activities would attract 12 percent tax.

Govt to exempt 14 more services from tax

Last Updated: Wednesday, June 20, 2012, 19:33

Advocates providing services to entities with a turnover of up to Rs 10 lakhs, companies engaged in construction of metro projects, law firms, and entities providing public conveniences will not have to pay 12 percent service tax.

Govt to exempt 14 more services from tax

Last Updated: Wednesday, June 20, 2012, 19:33

Advocates providing services to entities with a turnover of up to Rs 10 lakhs, companies engaged in construction of metro projects, law firms, and entities providing public conveniences will not have to pay 12 percent service tax.