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School transport to be taxed in Hyderabad

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Hyderabad: Parents will henceforth have to pay a service tax of 12.36 per cent on the school transport fee of their wards.
With the Central government charging Service Tax on vehicles hired for trans

Govt warning yields results, Feb service tax mop up jumps 44%

The government’s stern warning to service tax evaders appears to have yielded results with the realisation rising to Rs 10,453 crore in February, 44 per cent more than collections in the previous month.

Corp eyes Rs 2 cr tax

The weak Kochi Corporation exchequer may see a couple of crores flow in with its new proposal to levy 75 per cent service tax on all government buildings in the city.

The civic body will introduce t

Hotel bills under scanner

The hotel industry and other enterprises involved in hospitality would soon be brought under the scanner for their billing procedures. The Central Board of Excise and Customs, dealing with Service Tax

Food bills: The big fat lie of ‘service charge’

What happened to Ajay Kumar Goud happens to all of us! Just like him, out of sheer ignorance with respect to rules pertaining to levying of Service Tax and due to morphed terms like “service charges”,

Revenue dept to take legal action against KFA to recover dues

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The revenue department on Wednesday threatened to take legal action against the ailing Kingfisher Airlines (KFA) to recover service tax dues.

"We will take all required legal action, whether it is K

No service tax on NRI remittances: FinMin

The government on Tuesday said remittances from abroad will not attract service tax, putting to rest the concerns raised in view of new tax norms.

"The matter has been examined and it is clarified th

Govt exempts rail fares, freight from service tax till Sept

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Rail travellers can breath easy as the government has decided not to levy 12 per cent service tax on passenger fares and freight till September 30.

"Government has exempted the core services provide

No service tax on rental income

Service tax will be levied at place where the service is provided. This will bring relief to those dealing in cross-border services. In short, service would be taxed where it is consumed. Services to

High service tax, ATF price hurting aviation sector: Ajit Singh

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With the aviation sector facing acute crisis, Civil Aviation Minister Ajit Singh is unhappy over the recent increase in service tax on air tickets and high jet fuel price and would take up the issu

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