Thinkfest: Revenue dept looking into tax paymt by event mgmt co

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......

Govt proposes compliance scheme for service tax defaulters

Aiming to "entice" a large number of assessees to return to the tax fold, the government on Thursday proposed a one-time scheme called 'Voluntary Compliance Encouragement Scheme' for service tax......