The Finance Ministry wants to review a Supreme Court ruling letting real estate companies claim input tax credits on construction costs for...

In its recent meeting the Council had clarified that annuity paid for 'service by way of access to a road or a bridge' is exempt from GST.

Given that there is a large set of "unregistered" parties in this sector, the concept of reverse charge in GST carries significance.

The tax demand is for years prior to the introduction of the goods and services tax. All indirect taxes were subsumed in GST with effect fr...

Income received from PFs outside India cannot be taxed, even if it is transferred to an Indian account subsequently. Our expert explains.

All Bollywood actors and those performing in television serials will be charged 12% service tax from July 1, 2012 on their earnings from ac...

Outsourcing or sub-contracting of infrastructure projects will attract a service tax, the finance ministry has said, a move likely to raise...

ASSOCHAM in its pre-budget memorandum has recommended exemption for Metro Rail and Mono Rail construction projects.

The Budget proposals have thrown up a dampener for the housing industry.

The government has clarified that construction of roads is not a taxable service, though repair, management and maintenance of roads will a...

Foreign law firms have received a shot in the arm following a judgement from the Bombay High Court which clearly states that their income w...

Even before the wound caused due to levy of service tax in the recent Budget on renting of immovable property was yet to be healed, here is...

Mall owner or landlord letting out property for commercial use will not be able to set off service tax liability against the duty paid on i...

In a master circular that supersedes all previous circulars on the scope, valuation and classification of taxable services, the government ...

Service tax on turnkey contracts & taxation of oil field ops are examples of the directionless policymaking.

In a move that could influence the toll structure in India, the law ministry has endorsed the revenue department’s view that repair and mai...

In its pre-budget memorandum to the Finance Ministry, industry chamber PHDCCI has urged the government to enact a comprehensive stand-alone...