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Govt warns of tough action against service tax evaders

In a stern warning to service tax evaders, the government asked them to either pay their dues by tomorrow or face penal action which could include arrest and prosecution."I would like to advise......

Over 300 times increase in service tax revenue in two decades

Revenue from service tax, which has become a new focus area for Finance Ministry, has grown up substantially by over 300 times in past about two decades.The Finance Ministry has earned revenue of......

Chidambaram offers a fresh chance to tax evaders

Calling Service Tax Voluntary Compliance Encouragement Scheme (VCES) a rare opportunity to make a "fresh start", Finance Minister P Chidambaram on Wednesday asked those in trade and industry......

Tejpal's Thinkfest: Revenue dept looking into tax payment

The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine. "We......

Come clean: Chidambaram to service tax defaulters

In a stern warning to 10 lakh (1 million) service tax defaulters, Finance Minister P Chidambaram on Monday asked them to come clean so as to avoid punishment. "We have reached the tipping point......

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