The fresh escalation in the US-Iran tension sent Asian shares plunging even as oil prices soared.

All services except those which are in the negative list will become expensive from tomorrow with the implementation of the new service tax...

The budget further expanded the scope of taxing advocates. A short history of taming this noisy, powerful group.

In line with its thrust on the infrastructure sector, the budget waived customs duty on inputs for fertiliser and iron ore plants.

A panel of state finance ministers has approved imposition of service tax based on a negative list of services, a move that will help the C...

Pranab Mukherjee has given his nod to begin discussions on the way services are to be taxed, in sync with the proposed GST.

The budget proposes to tax all services provided at port and airports.