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...
The Civil Aviation Ministry has asked all airlines to limit the number of privileged seats for which they could charge a fee. At a meeting with top officials of all airlines in New Delhi, the Ministry also asked them to identify the rows of seats to be charged. Civil Aviation Secretary K N Shrivasta...