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Tag: service tax


GST impact on Small Service businesses

The impending arrival of GST has been greeted with much fanfare across economic and business circles, with some estimates predicting a 2% increase in GDP thanks to the new unified ...

Get Ready for Service tax on Online Services

Our Partner Pallav Pradyumn Narang, writes on the new notifications issued by the Ministry of Finance that impose service tax on online services received from foreign Service providers. You can …

Sometimes Google does not have all the answers…

It is an inevitability, you wish to find something and you “Google it”. Google is the proverbial know it all, so much so as the more pedantic ones among us …

Union Budget 2013 : Summary and analysis

The expectations of industry, politicians, Policy makers and the populace at large were at peak when the finance minister rose to present the Union Budget 2013 and the finance bill. …

Budget 2013 : Service Tax Voluntary Compliance Encouragement Scheme

The honorable finance minister in his budget pronouncements for the year  has introduced a new tax revenue generation tool called the “Service Tax Voluntary Compliance Encouragement Scheme”  The benefits under …