Finance ministry seeks to widen service tax net

Last updated: 19 November 2011

Revised paper has 22 items in negative list of services that wont be taxed, a reduction from 28 in the original one All government services that compete with the private sector, construction of more than one house and even air-conditioned train travel may come under the service tax net if a revised concept paper released by the finance ministry on Friday is adopted in its current form. The revised paper has 22 items in a so-called negative list of services that wont be taxed, a
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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