As you are aware that Union finance minister Arun Jaitely presented Finance Budget 2017 on 1st January 2017 with some exciting announcements for Individuals and Industry. Below are the Important take away from the Union Budget 2017 for you ready reference. For Individual Reduces income tax rate from 10% Read more…
Now Service Tax Registration with service tax department got easier and simpler with new procedure for registration. New procedure provide for online application for registration from www.aces.gov.in in from ST- 1, After online application registration is granted in from ST-2 ,within 2days of application, ST- 2 issued online will not Read more…
Negative List is compressed and consequent following service which were not taxable earlier will be now chargeable to service tax. 1. Admission to Entertainment events etc. in service tax net. 2. Manufacture of alcoholic liquor for human consumption under service tax. 3. Not only Support Services, but all services by Read more…