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Pay more to fly, eat out: New service tax regime of 14% from 1 June

May 19, 2015

Pay more to fly, eat out: New service tax regime of 14% from 1 June

The service tax is currently levied at the rate 12.36 percent including education cess. #Economy #Aviation #Arun Jaitley #Restaurant #PolicyWatch #Credit cards #service tax #Education cess
If opposition obstructs GST Bill, it will stall India's development, says Sadhvi Niranjan Jyoti

May 07, 2015

If opposition obstructs GST Bill, it will stall India's development, says Sadhvi Niranjan Jyoti

Union Minister Sadhvi Niranjan Jyoti has said that if the opposition's obstructs the GST Bill, it will be a obstacle in the country's development. #Congress #Lok Sabha #TheySaidIt #parliament #GST Bill #Sadhvi Niranjan Jyoti #Goods and Services Tax bill
Double-edged sword: High initial GST rate may make most services costlier

Apr 21, 2015

Double-edged sword: High initial GST rate may make most services costlier

Services may bear the brunt of any new goods and services tax, thus pushing up costs all around. #HowThisWorks #Arun Jaitley #Goods and Services Tax #Excise #service tax #revenue neutral rate
Your Uber ride just got more expensive thanks to Jaitley's service tax diktat

Apr 21, 2015

Your Uber ride just got more expensive thanks to Jaitley's service tax diktat

The service tax will hit consumers because Jailtey had clarified that the tax will be levied on the total fare and not just the commission being earned by the aggregators for every ride. #India #service tax #Uber #cab rides
Govt gets Rs 5,814 cr revenue from AAI in four years

Apr 20, 2015

Govt gets Rs 5,814 cr revenue from AAI in four years

Raju said the ministry has requested the finance ministry to reduce the "burden of service tax on MRO work and state governments to reduce VAT (Value Added Tax) on aircraft parts to reduce overall maintenance charges of aircraft". #NewsTracker #Lok Sabha #Income tax #service tax #AAI #Federation of Indian Airlines #Ashok Gajapathi Raju Pusapati