The government made it clear on Thursday that educational institutes, including the Indian Institutes of Management (IIMs) and Indian Institutes of Technology (IITs), would have to pay service tax for providing campus recruitment to their graduates.
“Educational institutes such as IITs and IIMs fall within the definition of “manpower recruitment or supply agency” and would have to pay service tax for providing campus recruitment,” a government circular said.
In the comprehensive circular, the government clarified on several other contentious issues related to service tax.
Servic e-Tax on 'Campus Recruitment' ::
News posted by
CCI News Desk
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.
Recent News :
- SEBI New Rules for Stock Brokers: Investor Awareness Messages Mandatory From 1st Nov 2026
- Indian Stock Market Records Longest Weekly Losing Streak in 25 Years as Nifty, Sensex Slide
- GST Portal Launches Multi-State Registration Facility with Single Master TRN
- NCERT Class 9 Textbook Adds Personal Income Tax Chapter, Teaches Budgeting, Saving and Investing
- GST Collections Rise 14.7% to Rs 2.04 Lakh Crore in September 2026
- CBDT Revises Administrative Subordination of Income Tax (Appeals) Authorities under IT Act 2025
- Central Excise Duty Rates Revised: Rs 16 and Rs 10.5 Per Litre Effective 1st October 2026
- J&K Assembly Passes Five Bills on GST, Ease of Doing Business and Decriminalisation
- FIIs Sell Rs 9980 Crore in Indian Equities as Nifty, Sensex Remain Under Pressure
- Income Tax Department Searches Bollywood-Linked Premises Over Alleged Overseas Fund Transactions
Popular News
- Rajasthan HC Seeks CBDT Clarity on Tax Audit Due Date Extension 2026: Final Instructions on 29th September
- Central Excise Duty Rates Revised: Rs 16 and Rs 10.5 Per Litre Effective 1st October 2026
- Supriya Sule Urges FM Sitharaman to Extend Tax Audit Due Date for AY 2026-27
- ICAI Delegation Meets CBDT Member Vatsala Jha, Raises Tax Audit Deadline Concerns
- CBDT Extends Tax Audit Due Date for AY 2026-27 to 21st October 2026; ITR Deadline Moved to 21st November
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Browse by Category
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
