Tuesday, September 30, 2014
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DLF under scanner for alleged service tax evasion
NEW DELHI, Sep 28 (Agencies): Real estate major DLF has come under the scanner of central revenue officials for allegedly evading service tax to the tune of about Rs 30 crore. A case against DLF has been registered by the Directorate General of Central Excise Intelligence (DGCEI) for alleged non -payment of service tax over transfer of development rights to other firms, official sources said. The liability for payment of service tax is on the owners who transfer land to others. DLF did not discharge its service tax liability on the consideration received towards transfer of the development rights of its land, they said. When contacted by PTI, DLF denied any charge of service tax evasion by it and any of its group companies. "We will like to deny any charges of evasion of service tax b...
Kashmir Times News Report
Make in India campaign is a lion's step: Modi
NEW DELHI, Sep 25 (Agencies): Launching his government's ambitious project to make India a manufacturing hub, Prime Minister Narendra Modi today promised effective and easy governance to help achieve high growth and creation of jobs. Kicking off the "Make in India" campaign, he said his government's focus will be on physical infrastructure creation as well as creating a digital network for making India a hub for global manufacturing of goods ranging from cars to softwares, satellites to submarines and paper to power. "I do not only talk about good governance. I talk about effective governance and easy governance," he said launching the 'Make in India' campaign that was attended by a galaxy of industrialists and business leaders, including Cyrus Mistry, Mukesh Ambani, Azim Premji, Kumar ...
Kashmir Times News Report
 
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