Hotels and restaurants across the country are on a one-day token strike to protest against what they call excessive taxation announced in the Union Budget. ...
05:32 PM, Apr 29, 2013
Mumbai: Around 20,000 hotels, restaurants, licenced tea and snacks outlets as well as ubiquitous vada-paav stalls in Mumbai go on strike to protest the new service tax (ST). "In Mumbai, around 18,000-20,000 hotels and restaurants have expressed solidarity with the move to protest the new ST on fully or partly airconditioned eating houses," Indian Hotels and Restaurants Association (AHAR) general secretary Shashikant Shetty said. Monday's action is part of an...
10:55 AM, Apr 29, 2013
Hotels and restaurant owners on Thursday asked Finance Minister P Chidambaram to roll back the service tax proposed on all air-conditioned restaurants. "The Finance Minister should reconsider it. This will have a very bad impact on the hospitality industry," Federation of Hotel & Restaurant Associations of India (FHRAI) Secretary Vijai Pande said. He said the move will mean an additional burden on customers. ...
07:04 PM, Feb 28, 2013
In our countdown to Union Budget 2013, we met people across the country to get their views on what they want from FM. ...
11:31 AM, Feb 23, 2013
Ministry said it support the film fraternity's protest against the government's decision to levy service tax. ...
11:22 AM, Jan 19, 2013
Most likely, the Bollywood filmmakers will go on a strike to protest against the service tax. ...
05:15 PM, Jan 16, 2013
The meeting has been called by the Association of Motion Pictures and Television Program Producers (AMPTPP). ...
12:30 PM, Jan 16, 2013
Bollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors. ...
07:04 PM, Jan 15, 2013
Excise duty and service tax evasion of about Rs 362 crore has been detected up to December in the current financial year by the Chennai zonal unit of Central excise department. "During the current financial year (up to December 2012), the Directorate General Of Central Excise Intelligence, Chennai Zonal Unit has detected central excise duty and service tax evasion to the tune of Rs 362.45 crore," the department said in...
12:52 PM, Jan 13, 2013
In more trouble for beleaguered Kingfisher Airlines, Service Tax Department has issued a notice to the carrier, "impounding" all its aircraft, department sources said on Thursday night. According to the notice, the airline cannot fly outside the registered airport premises. ...
11:04 PM, Jan 10, 2013
Tamil film industry shut down on Monday after film industry members went on a day-long hunger strike in Chennai to protest against the service tax levied by the Centre and demanded the Centre scrap it completely. ...
03:09 PM, Jan 08, 2013
The Tamil film industry was shut down on Monday due to a day-long hunger strike in Chennai to protest against the service tax levied by the Centre. They are demanding the tax be scrapped. ...
01:54 PM, Jan 07, 2013
The Central Vigilance Commission acted on a number of corruption cases and directed CBI probe in coal blocks allocation scam and recovery of about Rs 1,000 crore tax evasion in Commonwealth Games-related works on 2012, besides other anti-graft measures. The probity watchdog was also chosen to head a 10-member global task force to prepare a knowledge management system for promoting international cooperation in checking graft and black money. ...
01:24 PM, Dec 29, 2012
The Mumbai service tax department has begun impounding Kingfisher Airlines' aircraft. One aircraft has been seized and another is in the process of detention. The Deputy Commissioner, Service Tax had sent an order a few days back to Kingfisher that the seven aircraft of the airline in Mumbai will be impounded as the airline has defaulted on service tax dues of Rs 200 crore. ...
02:17 PM, Dec 11, 2012
In another blow to the crisis-hit Kingfisher Airlines, the Mumbai Service Tax has begun impounding the airlines' aircraft. One aircraft has been seized and another is in the process of detention. ...
10:21 AM, Dec 11, 2012
A demand notice has been sent by authorities to trusts run by Ramdev for alleged service tax evasion on about Rs 1 crore received from a private TV broadcaster for airing his programme on Yoga. Official sources said a demand notice was sent to Patanjali Yoga Peeth and Divya Yoga Trust in Haridwar seeking details of Rs 96 lakh received by them from the broadcaster and raising demand for payment...
04:39 PM, Nov 28, 2012
New Delhi: Train fares of all AC classes will become costlier by more than 3 per cent from Monday. The new service tax of 3.708 per cent, as per the government notification, will be levied on AC First Class, Executive Class, AC-2 tier, AC-3 tier, AC Chair Car and freight. Passengers travelling in AC-2 and AC-1 will be additionally burdened by the service tax as the fares of these classes...
04:26 AM, Oct 01, 2012
New Delhi: 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 Class, AC-2 tier, AC-3 tier, AC Chair Car will go up by 3.708 per cent from October 1 with the service tax coming into force on these services. "However, service tax is not leviable on tickets issued...
02:38 AM, Sep 29, 2012
Subhash Lakhotia, a tax consultant, says if government wants to curb black money it should bring down the burden of service tax. ...
07:24 PM, Jul 11, 2012
New Delhi: 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 that there is no service tax per se on the amount of foreign currency remitted to India from overseas," the Central Board of Excise and Customs (CBEC) said. The clarification follows concerns over reports...
02:36 AM, Jul 11, 2012
