Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: articles on VAT and GST in India :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: VAT RATES :: VAT Audit :: cpt :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company
« Service Tax »
 Service Tax On Hotels And Restaurants – Recent Delhi High Court Judgment
 GST Council discusses 4-tier tax rate, cess on demerit goods
 Why you shouldn’t miss these three simple tax saving options beyond Section 80C
 Determination of value for transactions between the Related parties under GST Laws.
 Higher collections can offset GST losses
 GST to subsume over a dozen Central, State taxes
 Incidence of indirect taxes won't go up under GST
 Advanced Budget date: Absence of a GST rate may present estimation challenges
  Tax queries answered by Dilip Lakhani, Senior Chartered Accountant
 FinMin warns tax officials of action against GST protest
 Model GST Law may redefine employer-employee relationship

Keep ESI, EPF schemes away of service tax ambit: Labour Ministry
November, 23rd 2010

The Labour and Employment Ministry has requested the Finance Ministry to keep Employees State Insurance (ESI) and Employees Provident Fund (EPF) schemes out of the ambit of service tax as they are social security schemes.

If the provisions of service tax are made applicable to the ESI schemes, the cost of insurance will increase to the extend of service tax, Minister of State for Labour and Employment Harish Rawat said on Monday.

He said his Ministry has requested the Finance Ministry to consider exemption of ESI scheme and EPF scheme from the applicability of service tax.

Mr. Rawat said this to a written question in the Lok Sabha on Monday.

His reply came in the backdrop of the Department of Revenue sending demand-cum-show cause notice to ESI corporation which considered the ESI schemes at par with general insurance business and stated that activities of ESI Corporation are within the ambit of Insurance Act, 1938 and hence service tax provisions are applicable to it.

A similar notice has also been received by the EPFO.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions