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Detailed manual scrutiny of service tax returns from August 1
As per a CBEC circular, the detailed return scrutiny would be conducted in respect of such asse…
Domestic mobile phones and laptops manufacturers get tariff advantage once again, thanks to CBEC
The apex indirect taxes body, CBEC, has said that only those manufacturing goods in India can enjoy…
Indirect Tax: Govt eases duty on imported goods for exhibition
As many as 74 drugs, including life saving ones used for treating cancer and HIV, will see sharp ri…
A great new technology has been introduced to cut down on the massive export delays at ports
If the new platform being developed gets completed, companies will get to know in advance when to m…
Whatever happened to free speech! Arun Jaitley is silencing disagreements in his ministry
In this backdrop, the finance ministry is silencing dissent in his own ministry. "Instructions have…
India: No country for unsafe food
Food safety has suddenly sparked much furore among the government, media and consumers. Thanks to M…
Get ready to pay 15% tax everytime you’re downloading movies and TV shows from foreign sites
Yep, we have some bad news for you.
GST Council to meet tomorrow to discuss rules, exemptions
“Tomorrow’s meeting is likely to finalise on the rules on GST. Also, a presentation will be made by…
Vijay Mallya's personal Airbus jet to be auctioned to recover government’s dues
Apparently, the government is all set to auction off Vijay Mallya's assets, which include his perso…
Commerce Ministry will have a more focused approach to revive exports
The Commerce Ministry today brought good news for reviving SEZs as it announced its plans to focus …
What is Excise Duty and How it is calculated
Excise duty is levied on the goods that are manufactured within India as against the custom du…