Deeming Construction Service: Caught in Tax Net
Prepared By:
CA Pradeep Jain,
Siddharth Rutiya
The Budget 2010 was eagerly awaited by all sections of the society. Never before, any budget had been so awaited by many of the Indian citizens. Finally the Finance Minister Mr. Pranab Mukherjee announced the Budget on 26-02-2010. This budget brought many welcome steps but also some disappointments to various sections and business classes of the society. Increasing worth of Service tax, which clearly depicted by the statistical data that service sector contributes nearly 60% of the GDP,....read more
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