Non-payment of service tax may attract arrest and imprisonment upto seven years. The Finance Bill 2013, which was passed by Parliament early this month, empowers Revenue Department officials to arrest a person for non-payment of the collected service tax.In addition the defaulter has to pa...
India has sought more market access from Japan for its agricultural, marine and pharmaceutical products. Commerce and Industry Minister Anand Sharma, who is on a two-day visit to Japan, flagged concerns relating to mounting trade deficit at a meeting with Japanese Foreign Minister Fumio Kishida in T...
Giving up most of its intial gains, the Sensex at the Bombay Stock Exchange stood just 4 points in the positive zone, at 20,252, in afternoon trade, amid volatility, a short while ago. Earlier in the morning, however, the Sensex had climbed 54 points, or 0.3 percent, to 20,302 on continued...