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About Rs 8,000 cr service tax evasion detected during 2013-14

Last Updated: Sunday, April 06, 2014, 11:38

The service tax detection amount of about Rs 8,000 crore does not include cases registered at various service tax and excise commissionerates and other allied offices across the country, the officials said.

Jaitley advocates hike in income tax exemption limit

Last Updated: Saturday, April 05, 2014, 00:12

Jaitley sought immediate implementation of the Goods and Service Tax.

Indirect tax collection at Rs 4.41 lakh crore in Apr-Feb

Last Updated: Wednesday, March 26, 2014, 19:09

Indirect tax collections grew by 5.6 percent to Rs 4,41,826 crore in the April-February period of this fiscal amid a slowing economy.

Telecom firm's CMD arrested for alleged service tax evasion

Last Updated: Thursday, March 20, 2014, 16:22

The Chairman-cum-Managing Director (CMD) of a telecom firm here has been arrested for allegedly evading service tax of about Rs 32 crore.

Indirect tax refunds at Rs 43,409 cr in Apr-Feb

Last Updated: Tuesday, March 11, 2014, 20:06

The revenue department refunded Rs 43,409 crore in customs, excise duty and service tax refunds in April-February this fiscal, which was 27.4 percent higher than that in the same period last year, the government said Tuesday.

Narendra Modi`s rallies: Central Excise drops service tax notice

Last Updated: Tuesday, February 18, 2014, 19:31

An embarrassed Central Excise Department on Tuesday hastily withdrew notices sent to four BJP offices demanding service tax on Narendra Modi`s rallies.

Excise dept wants BJP to pay tax for Narendra Modi`s rallies

Last Updated: Tuesday, February 18, 2014, 15:41

In what could turn into a major issue in the political season, the department of central excise has pulled up the Bharatiya Janata Party (BJP) for non-payment of service tax on the money earned by sale of tickets during rallies by Narendra Modi.

Govt announces service tax exemption for rice

Last Updated: Monday, February 17, 2014, 14:46

Finance Minister P Chidambram Monday announced that service tax would be abolished on rice from the staple's loading to storage stage.

Service tax on rice unfair, Jayalalithaa tells PM

Last Updated: Wednesday, February 12, 2014, 19:12

Terming as unfair the central government`s move to levy service tax on the storage of rice, Tamil Nadu Chief Minister J Jayalalithaa urged Prime Minister Manmohan Singh to declare rice an agricultural produce and refund the already collected tax.

DMK slams UPA Govt over service tax for rice

Last Updated: Saturday, February 08, 2014, 00:36

Slamming Centre for bringing rice under service tax ambit and sparing wheat, DMK`s M Karunanidhi questioned `north-south` divide and asked if votes of rice-consuming citizens were not important.

Govt may tinker with tax rates to boost economy: Chidambaram

Last Updated: Monday, February 03, 2014, 18:25

Government Monday indicated that it may tinker with the excise duties and service tax rates in the interim budget in an apparent bid to boost economy but may not pursue key reforms legislations due to lack of political consensus.

FinMin confident of achieving 4.8% fiscal deficit target

Last Updated: Friday, January 24, 2014, 14:25

Encouraged by the response to the Service tax amnesty scheme, the Finance Ministry Thursday exuded confidence in meeting the fiscal deficit target of 4.8 percent for the current financial year