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Service Tax Press Releases

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By Udyog Software (I) Ltd
Inefficiencies associated with manual processes are well known today, and when they apply to taxation, there are wider ramifications in terms of penalties and litigations and an overall impact on the brand value of the company.
By Nair & Co.
India’s Department of Revenue has finalized the dates for the implementation of the Negative List for service tax as well as the phase-out of the current service tax regime.
By Taxmann
Taxmann announces release of ‘Law Relating to Service Tax Based on Negative List’ by V.S. Datey.
By Pravin Sawant
iTAX-EXIM software provide pre & post shipment document, LC Tracking for Import & Export, LC Submission of documents to bank, Submission Document to bank after import & export.
By pravin sawant
In the present Budget, the optional scheme for payment of excise duty on readymade garments & textile made ups (which bear brand name or sold under a brand name) has been withdrawn & an excise duty @ 10% has been imposed on such goods.
By Pravin Sawant, Udyog Software (I) Ltd
Goods & Service tax (GST) is the most talked about topic in the field of indirect taxation today in India. Everybody is keenly waiting for the proposed GST draft which will replace the existing system of VAT in India.
By Pravin Sawant
Currently, the ACES Application allows on-line filing of Monthly return ER-1 & FORM II by using the excel utility. assesses find the process of manual entry of data in the excel format of Returns as a time consuming and unavoidable exercise.
Thanks to the proposed levy of service tax on developers, the realty market is abuzz with speculation over its impact on property rates.
Service tax burden imposed by the Union Budget on realty transactions (Real Estate India) will affect the sector.
By Sarah Young
IDS National Institute of Real Estate Management (IDS NIREM) believes that contrary to the popular demand of and expectation for huge impetus to the housing and real estate sector, the India budget 2010-11 has brought a mixed bag for this sector.
By Pravin Sawant
SAP XML reports are generated through the SAP-ABAP Transaction Code. The functionality of the report is to fetch data from the database & display the output in a report format. All SAP reports are in ALV (ABAP LIST VIEWER) format.
By Pravin Sawant
In today’s Indian Business environment every corporate companies spending lot of time for submission of Returns (Direct & Indirect tax related). Even though they spend lot of money on ERP they are not getting statutory returns on finger tips.
By Pravin Sawant ( Udyog Software (I) Ltd )
The Service Tax was introduced about a decade ago with a beginning of 3 services.Today around 200+ & many more services are likely to be brought under the Service Tax net in the years to come, as the service sector contributes over 50% of the GDP.
By Krishan
Cosmetic Surgery Tax in India will affect its leadership position in Medical tourism by losing its price advantage over other Asian countries. Women, who constitute about 85% of Cosmetic surgery patients in India, will be hit hardest with this tax.
By Taxmann
Simply find your updated online and off line statutes concern Service Tax Fema-Foreign Exchange Corporate Laws Direct Tax Laws Securities laws From sc/hc and other Judicial rule-regulation with
By Busy Infotech Pvt. Ltd.
It is a VAT-enabled Accounting & Inventory Software offering the following features: • Financial Accounting • Inventory Management • Sales Tax Summary • VAT Computation • VAT Summary (for filing VAT Returns) • VAT Invoicing (Tax / Retail)
By Udyog Software (I) Ltd
Majority of ERP users need Indian taxation solutions like Excise, Service,TDS,VAT& CST.Because of continuous updates in Statutory forms its very difficult for ERP company to provide timely updates. So they prefer the Taxation module outside the ERP.

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