Sebi-taxman fight over service tax dues reaches Supreme Court

Sebi-taxman fight over service tax dues reaches Supreme Court

Mumbai: The Securities and Exchange Board of India (Sebi) has moved the Supreme Court against a service tax demand raised by the Central Goods and Services Tax (CGST) department. The Supreme Court registered the case on December 2, the official website showed. The capital markets regulator has been involved in a prolonged battle with the … Read more

GoM recommends one-time grant for Sikkim instead of Covid cess

GoM recommends one-time grant for Sikkim instead of Covid cess

The Group of Ministers set up by the GST Council on Sikkim‘s demand of levying Covid cess on power and pharmaceutical sectors has ruled out levying any cess on production and has instead recommended that a one-time grant be given by the Centre to the state. Officials aware of the developments said that levying a … Read more

CAPSI writes to PM Modi, seeks service tax exemption on private security services

CAPSI writes to PM Modi, seeks service tax exemption on private security services

NEW DELHI: The Central Association of Private Security Industry (CAPSI) has written to Prime Minister Narendra Modi, saying private security services should be exempted from paying service tax. In a letter shot off to the Prime Minister on July 29, CAPSI Chairman Kunwar Vikram Singh said in order to “create goodwill among its citizens post … Read more