It is a regular practice of the government to follow tactics that are illusive and misleading. One of the tricks adopted by the government while increasing the rate of service tax is that during the Budget Speech, the Honble Finance Minister a
Right from the common man to the corporates and foreign investors, where everyone was expecting the government to deliver a reform-oriented Budget, but the changes proposed in the Budget announced by the Hon’ble Finance Minister took all the ho
The budget for the F. Y. 2015-2016 has been presented by the Hble Finance Minister, Sh. Arun Jaitely Ji on 28th February, 2015 with a focus for smooth transition of all the Indirect Taxes towards the Goods & Services Tax (GST) proposed to
INTRODUCTION:The Central Excise authorities who are entrusted with the task of implementation of the service tax law enjoy wide and sweeping powers in respect of search and se
A good number of FARMERS (or DEEMED FARMERS) areSUPER RICH but due to restrictions imposedin the Constitution of India, Income-tax can't be levied on them..Only 10% of Indian population file its return
Budget 2015 introduced in India on 28.02.2015 has made significant changes as far as international taxation are concerned. Major ones include:- Reduction in rate of tax on non-residents for royalties/fees for tec
1.0 Rate of Service Tax[Effective from a date to be notified by Central Government after enactment of Finance Bill] For alignment of Service Tax Rate with GST Rate, it has been proposed to increase the rate of Service Tax from 12% plus Education Cess
Section /Schedule Head Amendment/New Provision Effective date Part III to Schedule I Advance taxes & TDS u/s 192 Advance t
Ist Full Year Budget of New Government has been introduced in Parliament on 28th February, 2015. This Article intends to outline key amendments made in Service Tax. A. Changes effective from enactment
The indirect tax proposals as per the BJP manifesto in 2014 promised the world to the voters with regard to corruption and administrative reforms. The fall in the oil