After Income Tax, it's now the turn of the Service Tax department to issue a notice of Rs 4.94 crore dues to Yoga guru Ramdev's trust for alleged duty evasion on its income raised through country-w

Five months after its accounts were frozen for non-payment of taxes and duties, crisis-ridden Air India has piled up about Rs 454 crore of dues but has promised to clear it as soon as it gets capit

Civil Aviation Ministry is learnt to have strongly opposed the budget proposal imposing a four-time hike in service tax on air travel, terming it a retrograde step that would hit fliers and airline

Your life just became more expensive.

With the increase in service tax, from 10 per cent to 12 per cent, proposed by finance minister Pranab Mukherjee in Union Budget becoming effective on Sunday, s

Telephone calls, restaurant bills and other activities will cost more from Sunday with the budgetary proposal of raising service tax rate to 12 per cent coming into effect from Sunday.

In order

Telephone calls, restaurant bills and other activities will cost more with the budgetary proposal of raising service tax rate to 12 per cent coming into effect from Sunday.

In order to garner an add

Hike in excise duty and service tax rates will increase the input cost, fuel inflation and lead to further slowdown in economic growth, corporate leaders said at an interface with Finance Minister Pra

The revenue department has threatened to take Kingfisher Airlines to the court over Service Tax evasion, saying the company has not deposited taxes it collected from travellers.

"They (Kingfisher

Bills for mobile phones are expected to rise following a two percent hike in service tax, Bharti Airtel said Friday.

"Service tax gos up from 10 to 12 percent and obviously that will be passed on to

Global aviation body IATA today termed the service tax on air travel in India as "illegal" and said the "disconnect" between various ministries on aviation issues was "embarrassing" India in global fo