Governmet to Exempt services provided inside SEZs from Tax

The government is likely to exempt the services provided inside the Special Economic Zones from service tax, a move for which it is expected to seek approval from the Election Commission. Hitherto,... Read more

Cash withdrawals from bank will not attract tax

Cash withdrawals from bank will not attract tax from Wednesday. This is following abolition of the banking cash transaction tax (BCTT) in the Union Budget 2008-09. The BCTT was introduced in Budget... Read more