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2012-01-09 02:11:00
Income, Tax11 finance ministers are reportedly in parleys to lobby strongly against Centre 'encroaching' various sectors - all with a view to levy service tax. Most states of country will soon sense some ease in
2012-01-09 02:10:00
Service Tax For New Home Purchase The New Year gift from the finance ministry to exporters is an optional scheme to refund service tax on export related services electronically through the Customs. The gift from the commerce ministry
2012-01-09 02:10:00
Bihar finance minister Modi to head GST panelThe previous two articles in this column had discussed the Communication on the future of VAT in the EU ('Communication') adopted by the European Commission ('EC'), including its purpose, the
2012-01-07 00:43:00
AUT0SHOW - Rolls-Royce sees hefty sales increase in Q2The once-booming domestic car industry, looking at declining growth numbers month after month, wants tax relief. Car and commercial vehicle making companies have approached the industry's apex body,
2012-01-05 01:12:00
India has one of worldIf you plan to buy a pension plan as a part of your tax-saving exercise, you need to wait. The reason is simple: there are just no pension plans available in the market. This strange situation is the
2012-01-05 01:12:00
taxBe wary though, as it may take six-eight weeks to obtain waiver certificates. Double Taxation Avoidance Agreements (DTAA) between India and other countries ensure that non-resident Indians (NRIs) are
2012-01-04 01:22:00
taxAs exports face adverse conditions amid a slowdown in growth, the government today came out with a mechanism to provide online refunds of tax paid on 18 services used beyond factory gate for outbound
2012-01-01 00:10:00
Income TaxProfessionals aren't allowed to claim refund on health and related expenses. Recently, the Delhi High Court passed a judgment against a well-known advocate, who had claimed a medical expense of Rs
2011-12-28 01:11:00
Jet Airways to raise funds to stay aloftJet Airways chairman Naresh Goyal has denied any evading of tax payment. This is after a notice to him from the income tax (I-T) department, seeking details of his foreign bank accounts. Goyal is
2011-12-26 01:31:00
FBTPay healthy advance tax, but can't make up for large companies' volumes. The India story may have hit a rough patch, but the picture is not dark all around. At least the advance tax collections for
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