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Tag: Service Tax

unreserved train ticket
No service tax on train e-tickets till March 2018

Bhubaneswar/New Delhi: Rail travellers can now heave a sigh of relief as the Centre has decided to do away with service tax on train tickets booked online till March 2018. The deadline for tax exemption which was to end on September this year has been extended till March next year. “The Railway Board has decided […]

CBDT asked to include service charge in tax assessment

New Delhi: Union Consumer Affairs Minister Ram Vilas Paswan has asked the Central Board of Direct Taxes (CBDT) to consider inclusion of service charge while assessing tax. According to an official release, complaints were being received through the National Consumer Helpline about levying 5 per cent to 20 per cent service charge compulsorily by some […]

tax evasion
Tax evasion worth over Rs 1.37 lakh cr detected

New Delhi: The central government said on Friday that in its attempt to curb domestic black money it has unearthed over Rs 1.37 lakh crore worth of tax evasion in 23,064 searches carried out in the last three years. “The period has witnessed unprecedented enforcement actions in direct and indirect taxes. While 23,064 searches/surveys have […]

Odisha seeks rollback of cess hike on Service Tax

Bhubaneswar: The Odisha government has urged the Centre to roll back the 1 percent Krishi Kalyan cess it imposed on Service Tax. In a letter to Union Finance minister Arun Jaitley today, Odisha Finance minister Pradip Kumar Amat said while Article 270 of the Constitution of India provides for sharing of the proceeds of all […]