Service Tax dept demands Rs 536 crore, BCCI takes legal route
Service Tax dept demands Rs 536 crore, BCCI takes legal route

The BCCI is locked in a legal battle with the Service Tax (ST) department, which has demanded an amount of Rs 536 crore (approx) as taxes on cricket board's earnings from royalty and media rights in the last one decade.

SC dismisses BCCI plea against paying service tax

The Supreme Court on Wednesday said BCCI will have to pay service tax for recording cricket matches.

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

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

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.

Service tax on rice unfair, Jayalalithaa tells PM

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

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.

Kapil Sharma booked for non-payment of service tax dues

In more trouble for stand up comedian Kapil Sharma, after the sets of his popular TV show `Comedy Nights With Kapil` caught fire here, the Service Tax department has booked him for non-payment of tax dues amounting to around Rs 60 lakh.

Two tax officials convicted in Bangalore for graft

Two tax officials have been convicted by a special CBI court in Bangalore in bribery cases and sentenced to two years of imprisonment.

No service tax can be levied on chit business: Delhi HC

Delhi High Court quashed Centre`s notification to levy service tax on chit-fund saying foreman who conducts auction of chit does not fall under definition of "service" in Finance Act.

Service tax has forced independent producers to shut shop: Akshay Kumar

The government`s decision to levy 12.36 percent service tax on film and television actors is taking a toll on the industry, says Bollywood star Akshay Kumar, adding it has forced independent producers to stop making movies.

There should be no service tax for film industry: Akshay Kumar

Bollywood actor Akshay Kumar feels the government should not levy service tax on the film industry as it would increase the financial burden.

Bollywood likely to go on strike over service tax

Bollywood is likely to call for a strike to protest against the government`s decision to levy 12.36 percent service tax on film and television actors.

Southern artists on hunger strike, demand service tax exemption

The imposition of service tax on actors will induce tax evasion and create black money, said leading actors, directors, theatre owners and others here who are on hunger-strike demanding the tax be scrapped.

Service tax: Boon for UPA and Bane for consumer!

The service tax regime was started by Dr Manmohan Singh on July 1, 1994, during his days as finance minister under P V Narasimaha Rao government.

Service Tax dept slaps notice on Ramdev`s Trust

After Income Tax, it`s now the turn of the Service Tax department to issue a notice of Rs 4.94 crore dues to yoga guru Baba Ramdev`s trust.

‘Service tax is a cruel joke on the common man’

The BJP termed imposition of 12% service tax as a cruel joke on the common man and
said it will further lead to "unprecedented price rise".

`Union budget a futile bid to check inflation`

Naveen Patnaik said there was no policy measure for containing price rise and no new programme to accelerate infrastructure development.

Budget disappointing, inflationary: Shivraj Singh

Madhya Pradesh Chief Minister
Shivraj Singh Chouhan on Friday termed the Union Budget as
"disappointing" and "inflationary".

Cinema halls to remain shut on Feb 23

Almost 12,000 movie halls across the country will remain shut on February 23 to protest against the proposed service tax.

Soni offers to help film industry over service tax

Information and Broadcasting Minister Ambika Soni Thursday said she was willing to go in a delegation of filmmakers to Finance Minister Pranab Mukherjee over the government`s proposal to levy 10.3 percent service tax.