Service Tax on Educational Services

Service Tax on Educational Services The education sector is one of the largest sectors in the Indian economy, providing employment and education to millions of people. Educational services rendered by training and coaching centres have come under the service tax net…

Basics of Service Tax

Basics of Service Tax The basic concepts of service tax is reviewed by Mr. S. Jaikumar, Advocate and Country Head of Swamy Associates. The concepts reviewed in this article include: What is service tax? What is the rate of service…

Types of taxes in India

Types of taxes in India “Taxes are paid and nations are made”. However not many are aware that government asks to pay taxes in different manners. Taxes are financial charges imposed on an individual or a company by central government…

Service Tax on Works Contract

Service tax on works contract A contract issued to carry out construction, installation, erection repair, renovation, maintenance, alteration of any movable or immovable property and more work related to a transfer of property is called works contract. Works contract attracts…

Service Tax for Beauty Parlour

Service Tax for Beauty Parlour Beauty parlor offers services like hair cut, rejuvenation services, pedicure, manicure, hair styling so on and so forth which fall under the service tax coverage. Beauty parlor are therefore liable to pay service tax on the services offered…

Service Tax on Health Care Services

Service Tax on Health Care Services There are specific health services that are required to pay service tax. Any medical establishment offering any kind of health check up from a medical set up center, a hospital or health service providing facility are…

What is service tax in India

What is Service Tax in India What is service tax? A service provider who extends his services in any form of business such as consulting, software development, restaurant food service, car repair, so on and so forth attracts an additional taxable…

Service Tax VCES Scheme

Service Tax VCES Scheme The Service Tax VCES Scheme was a Voluntary Compliance Encouragement Scheme (VCES) that made it easier for businesses and individuals to declare their past due taxes. In the Finance Bill, 2013 ("the Finance Bill"), to Government of India introduced the…