Taxability of Life Insurance Policy
As per section 10(10D), any amount received under a life insurance policy, including bonus is exempt...
Recovery Of Service Tax Under Section 87 Of Finance Act,1994
Section 87 was inserted by the Finance Act, 2006 with effect from 18.04.2006. Se...
Pvt tuition class owners under service tax scanner
Private tuition and coaching classes in the city have come under the scanner of anti-evasion wing of...
Implementation of Goods and Service Tax from 1.4.2016
Finance Minister has approved the formation of 2 Committees for facilitating implementation of Goods...
Income from sale of property subject to capital gains tax
I am a non-resident Indian (NRI) and want to purchase property in India. Later on, if I want to sell...
Case Law on VAT transfer to Service Tax
Where VAT has been collected without authority of law and Service tax demand also has been raised fo...
Now you can save tax by investing your Capital Gains before 31st August
If you sold a capital asset during the financial year 2014-15 and have not yet invested the proceeds...
PRADHAN MANTRI JAN DHAN YOJANA (PMJDY PMSBY PMJJBY APY)
Recently Sh. Narendra Modi led NDA Government in India has launched following financial literacy sch...
New Penal Provisions in Service Tax (Part-2) – Change in Section 78
AMENDMENT MADE BY FINANCE ACT, 2015 (WITH EFFECT FROM 14TH MAY 2015) The Finance Act, 2015 has subst...
GST-Formation of Two Committees
Press Information Bureau Government of India Ministry of Finance 17-June-2015 17:15 IST Finance Mini...