service tax

The Mufti Government in Jammu & Kashmir, has imposed a 12.5 per cent service tax on chopper services to the Vaishno Devi shrine, making the air travel dearer. The pilgrims travelling by the helicopter to and fro from Katra to Sanjhi…

New Delhi, May 20 (IANS): The currently levied education cess and secondary and higher education cess would become ineffective from June 1 as they would be subsumed in the service tax rate of 14 percent notified by the Central Board of…

Finance Minister Arun Jaitley Saturday proposed to cut the corporate tax rate by five percent to 25 percent over next four years while increasing the service plus education cess from 12.36 percent to a consolidated 14 percent. Presenting…

The Minister of State for Finance Jayant Sinha informed to Rajya Sabha in a written reply that said the both direct and indirect tax collections were increased. The minister in his reply mentioned that the direct tax collection was up by…