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Exemption Of Service Tax

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SC recalls its verdict on indirect taxes from duty free shops at airports

In a significant development, the Supreme Court Friday recalled its April 10 verdict by which it had held that duty free shops at arrival and departure terminals at international airports are......

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Congress MP Shashi Tharoor on Thursday alleged that "blatant subversion of the constitutional separation of powers" was taking place through the bill to replace the Delhi services ordinance and......

Will Annamalai's 'DMK Files' Help BJP?

Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy. IMAGE: Kuppasawmy Annamalai, president of the Bharatiya Janata Dal's Tamil Nadu unit,......

A week after violent stir, IAF begins selection process under Agnipath scheme

The recruitment process in the Indian Air Force under the Agnipath scheme got underway on Friday with the opening of the registration window, a week after violent protests rocked several states.......

IAF releases details of recruitment plan under Agnipath scheme

The Indian Air Force on Sunday released details on the recruitment plan under the Centre's new Agnipath scheme including eligibility criteria, age limit, educational qualifications, period of......

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. Illustration: Uttam......

Telecom industry wants govt to junk USOF, slash duties

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. Illustration: Dominic Xavier/Rediff.com In......

Budget 2024: What hotel, travel industries want from Sitharaman

Hospitality and travel sector players on Tuesday demanded infrastructure status for the hotel industry besides measures such as tax exemption on LTA annually to boost domestic tourism ahead of the......

BCCI likely to run losses if ICC doesn't get tax break from GOI

As per ICC norm, the host nation is required to get tax exemption from the government for hosting tournaments organised by the global body. Since India's tax rules don't allow such exemptions,......

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