Service Tax

Amidst the economic instability going on around the globe, India has managed to pose a beacon of hope and agility with ambitious growth targets and have been constantly working towards the consents of Make in India and Digital India…

As per latest information coming out related to implementation of GST regime, it is now clear that service tax is all set to increase under the new tax structure. As per statements issued by Revenue Secretary Hasmukh Adhia, we have…

Demonetization drive initiated in the month of November was way more than just flushing out old currencies - It was mainly to nail down those individuals and businesses which are resorting to tax evasion. And the action against this…

As per Reserve Bank of India’s 2015 report on digital transactions, it was revealed that a typical debit card transaction in India was valued at Rs 1485, while for a credit card, this amount was Rs 3089. This means that most of the…

Effective December 1st, a major change in the service tax regime has been executed which completely turns the table for foreign based service providers and Indian customers. While before, the service charge was dependent on the…

After bringing the GST into the tax regime, the government will now charge 15% service tax on all things bought from foreign websites including e-books, music, movies, internet advertising, providing cloud services, online games,…

GSTN, the company which is building the massive IT infrastructure for Goods and Services Tax regime in India has silently released the mega-portal for GST. Interestingly, the website was made live on the same day when PM Modi announced…

Income Tax Department has released the first draft of rules pertaining to tax filing under the new GST regime. Rules pertaining to invoice and payments, registrations, show-cause notices, procedures, and documents related to tax…

Campaign against black money is long and full of interesting stories. For instance, in the last 1970s, Indian Govt. withdrew Rs 5000 and Rs 10,000 currency notes to curb circulation of black money as transacting heavier amounts…

From tomorrow Indians will need to pay more for any kind of services they pay for which includes eating out, traveling, internet services, mobile bills among others. The Krishi Kalyan Cess of 0.5 percent proposed by Finance Minister…