The government on Friday said GST will not be applicable on residential units if they are rented out to private persons for personal use. Illustration: Dominic Xavier/Rediff.com The government......
Electricity has also been kept out of the GST ambit. Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the......
As a prelude to the Goods & Services Tax (GST), the finance ministry might harmonise service tax and excise duty laws in Budget 2013-14. Also, it is likely to simplify Cenvat credit rules that......
A visit to an astrologer may cost you more from next month. The negative list for taxation of services will come into effect from July 1.Those services outside the list will be taxed, including......
As a run up to Budget 2011, the previous article in this column had addressed the expectations with respect to the service tax rate and the resolution of the several complexities in service tax law......