Services Tax

  • Pained to hear baseless news about me: Malayalam actor Dileep 25-12-2013 04:05 PM

    Kochi: Malayalam actor Dileep Tuesday said he was pained at hearing 'baseless news' about foreign currency being recovered after his house and offices were raided by excise and service tax officials. "I was really pained to hear some TV channels air such news about me. I am a person who...
  • Malayalam actor Dileep not paying service tax 22-12-2013 04:59 PM

    Kochi: Raids at the home and offices of Malayalam actor Dileep Saturday revealed that he has evaded payment of service tax, said central excise and service tax officials. The over 12-hour raid that began Saturday morning took place at multiple places, including his residence near here, and offices that are...
  • FM exhorts service tax defaulters to come clean 14-11-2013 06:57 PM

    Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram, on Thursday, said the government could not have come out with a better offer for them to come clean. Addressing industry chambers the Minister said the revenue department has so far received 6,409 applications, of...
  • Singer Adnan Sami is under service tax scanner 19-10-2013 02:08 PM

    Mumbai: In further trouble for Adnan Sami after the visa row, the Service Tax department has issued the Pakistani singer-composer summons asking him to appear on Monday for questioning in connection with alleged tax evasion. Sources in the Service Tax department today said they booked a case against the musician...
  • I am not a tax evader, says Kapil Sharma 29-09-2013 05:09 PM

    Mumbai: Comedian Kapil Sharma, who was recently questioned by the Service Tax department for alleged non-payment of tax amounting to nearly Rs 60 lakh, today said that he is not "a tax evader". "I am very upset with reports saying that I am a tax evader. Service Tax department imposed...
  • Difficulties on GST, but will be in place by 2014: PM 29-05-2013 04:08 AM

    Tokyo: Prime Minister Manmohan Singh on Tuesday acknowledged that there are difficulties with some state governments over the implementation of the Goods and Services Tax (GST) but said that he is confident it would be implemented in "an appropriate type" by 2014. "The objective of the Indian government is to...
  • Mumbai eateries go on strike against new service tax 29-04-2013 10:55 AM

    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...
  • Working towards bringing in the GST: P Chidambaram 08-11-2012 06:00 PM

    New Delhi: Finance Minister P Chidambaram on Thursday said that the Centre will soon bring in a major change in the taxation system in the country. Speaking to reporters, Chidambaram said, "We are moving towards bringing a major change in the taxation system in the country. We are working on...
  • Budget 2012: What gets cheaper, what gets dearer 17-03-2012 06:42 AM

    New Delhi: Budget 2012, presented by Finance Minister Pranab Mukherjee makes branded clothes, footwear, mobiles phones and LCD TVs cheaper. Also apart from cheaper imported medical equipment, prices of HIV and cancer medicines are to go down too. But two and four wheelers will get more expensive so are refrigerators,...
  • Kingfisher fails to pay dues by Jan 6 deadline 06-01-2012 08:22 PM

    New Delhi: Debt-ridden Kingfisher Airlines on Friday failed to pay its service tax dues for December, which could lead to freezing of its bank accounts once again, a senior Finance Ministry official said. "Kingfisher Airlines paid Rs 10 crore (April-November) arrears. We are still awaiting payment of the December dues,"...
  • Tax dept freezes accounts of AI, Kingfisher 08-12-2011 11:56 PM

    Mumbai: After Kingfisher Airlines, Air India's accounts have been frozen for not paying service tax. Air India owes a total of Rs 150 crore in outstanding service tax to the Central Government. First banks, then vendors and now, the Service Tax Department of the Government, the action against ailing airlines...
  • AI fails to pay service tax, accounts frozen 08-12-2011 01:17 PM

    New Delhi: Air India's bank accounts have been frozen for not paying service tax. Sources say that the airline's accounts have been frozen by the Central Board of tax authorities for avoiding payment of service tax. The airline has to reportedly pay Rs 100 crore to clear the service tax....
  • India on IATA Wall of Shame for high service tax 06-06-2011 01:13 PM

    Singapore: India was on Monday put on the 'Wall of Shame' by the IATA for imposing high service tax on air tickets when aviation sector was growing at a high pace, with the world airlines' body warning the country not to kill the "goose that lays golden eggs". The government...
  • Govt rolls back five per cent healthcare tax 22-03-2011 12:53 PM

    New Delhi: The Government on Tuesday rolled back the five per cent tax healthcare, which many called the misery tax as it made treatment more expensive. Finance Minister Pranab Mukherjee made the announcement in his reply to the debate in the Lok Sabha on Tuesday. The proposal which was put...