Simplified Laws Guide to Taxation and Legal Concern

The expression “transfer pricing” generally refers to prices of transactions between two enterprises for supply of goods or services. Transfer prices between related/ associated enterprises are generally more controlled than being determined by market forces. When such associated enterprises belong to different countries, the tax revenues of the countries are …

Service tax rate goes up from 14% to 14.5% w.e.f 15th Nov 2015 vide notification 22/2015 ST dated 6-11-2015. The government has decided to impose, a Swachh Bharat Cess at the rate of 0.5 per cent on all services, which are presently liable to service tax. The additional cess would be over …

CBEC on 6th November notified that Swachh Bharat Cess would be applicable @ 0.5% on value of all taxable services with effect from 15th November 2015. To know details of notification and impact on Swachh Bharat Cess read: Service tax rate goes up from 14% to 14.5% w.e.f 15th Nov 2015 …