We ask the tax experts if bloggers in India should pay service tax on income through online advertising (like Google AdSense) and affiliate sales?
With the imposition of service tax on commercial rentals by the government, your hopes of opening up a new commercial project on rent will surely burn a finger in the pocket.
TAN or Tax Deduction and Collection account number is a unique ten digit alpha-numeric number required to be compulsorily obtained by all persons who are responsible for deducting or collecting tax at source on behalf of Income Tax Department.
Satisfied with the direct tax collections for the first quarter and confident of achieving the set targets, tax authorities are in the seventh heaven.
70% of Indian population resides in the rural area but they have negligible insurance coverage. Thus it opens a huge opportunity for insurance marketers of micro-insurance products.
The State of Jammu & Kashmir so far, exempted from the clutches of service tax, will soon have 14 services under the tax net.
The Indian Real Estate sector is facing a downturn at the moment, after most analysts comparing the rise in property prices to the dotcom boom of 2000, the question now on everyone’s mind is what next lies ahead?