{"id":21370,"date":"2012-06-30T17:36:56","date_gmt":"2012-06-30T12:06:56","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=21370"},"modified":"2012-06-30T17:49:16","modified_gmt":"2012-06-30T12:19:16","slug":"most-services-come-tax-net-tomorrow","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/most-services-come-tax-net-tomorrow","title":{"rendered":"Most of the services to come under tax net from tomorrow"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/most-services-come-tax-net-tomorrow\/income-tax-2\" rel=\"attachment wp-att-21371\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"21371\" data-permalink=\"https:\/\/www.legalindia.com\/news\/most-services-come-tax-net-tomorrow\/income-tax-2\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Income-Tax-.jpg?fit=291%2C218&amp;ssl=1\" data-orig-size=\"291,218\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Income-Tax-\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Income-Tax-.jpg?fit=150%2C112&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Income-Tax-.jpg?fit=291%2C218&amp;ssl=1\" class=\"alignright size-medium wp-image-21371\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/06\/Income-Tax--150x112.jpg?resize=150%2C112&#038;ssl=1\" alt=\"\" width=\"150\" height=\"112\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Income-Tax-.jpg?resize=150%2C112&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/06\/Income-Tax-.jpg?w=291&amp;ssl=1 291w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><\/p>\n<h2><strong>Services to come under tax net from tomorrow<\/strong><\/h2>\n<p>All services will come under tax net from tomorrow on except those which are in the negative list with the implementation of the new service tax regime.<\/p>\n<p>With the exception of 38 services, which figure in the negative list, all other activities would attract<span style=\"color: #ff0000\"><strong> 12% tax<\/strong><\/span>. The government had earlier decided to implement the negative list from\u00a0<span style=\"color: #ff0000\"><strong>July 1<\/strong><\/span>.<\/p>\n<p>Services like metered taxis, auto rickshaws, betting, gambling, lottery, entry to amusement parks, transport of goods or passengers and electricity transmission or distribution by discoms have been kept in the negative list.<\/p>\n<p>Other important services which will not attract the tax include funeral, burial, mutate services and transport of deceased.<\/p>\n<p>Coaching classes and training institutions will come under the net, though the tax will not be levied on school, university education and approved vocational courses.<\/p>\n<p>However, confusion prevails with regard to the imposition of service tax on rail freight and passenger fares from tomorrow.<\/p>\n<p><span style=\"color: #ff0000\"><strong>Railway Minister Mukul Roy<\/strong><\/span> has said railways will not introduce service tax on freight and fare from July 1 and has written to Prime Minister Manmohan Singh, who is now looking after the Finance portfolio, in this regard.<\/p>\n<p>The government has widened the definition of &#8216;Services&#8217; to bring in more activities under the tax net. Till now, 119 services that come under &#8216;positive list&#8217; are subject to the levy.<\/p>\n<p>The new approach to taxation of services is intended to take the country and the economy a step closer towards the introduction of<span style=\"color: #ff0000\"><strong> Goods and Service Tax.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Services to come under tax net from tomorrow All services will come under tax net from tomorrow on except those which are in the negative list with the implementation of the new service tax regime. With the exception of 38 services, which figure in the negative list, all other activities would attract 12% tax. The [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[9629,9631,9628,9630,2499,1436,9632],"class_list":["post-21370","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-goods-and-service-tax","tag-indian-railway","tag-negative-list-of-tax","tag-railway-minister-mukul-roy","tag-service-tax","tag-tax","tag-tax-on-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Most of the services to come under tax net from tomorrow - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Services to come under tax net from tomorrow All services will come under tax net from tomorrow on except those which are in the negative list with the - Get the latest legal news from the Supreme Court, High Courts, and government. 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All Bollywood actors along with small screen actors will be subjected to 12% service tax from July 1, 2012. Now they will have to pay two types of taxes income tax + service tax. The\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21432,"url":"https:\/\/www.legalindia.com\/news\/railways-service-tax-till-september-30","url_meta":{"origin":21370,"position":1},"title":"Railways out of service tax till September 30","author":"Legal India Admin","date":"July 3, 2012","format":false,"excerpt":"Prime Minister Manmohan Singh, in his capacity as Finance Minister, acceded to the request of Railway Minister Mukul Roy. The Finance Ministry issued a notification to the effect exempting high-end passenger fares and cargo freight from the purview of service tax till September 30. Mr. Roy told Dr. Singh the\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/07\/ir-145x150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":51250,"url":"https:\/\/www.legalindia.com\/news\/citizens-body-asks-hc-yoga-meditation-classes-taxable","url_meta":{"origin":21370,"position":2},"title":"Citizens&#8217; body asks HC if yoga and meditation classes are taxable","author":"Legal India Admin","date":"January 17, 2018","format":false,"excerpt":"A citizens' body has urged the Bombay High Court to decide whether providing yoga and meditation classes was taxable under the law. The Malabar Hill Citizens' Forum wanted the court to clarify whether these classes are covered under the 'health and fitness services' category of the Finance Act. A division\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/01\/yoga-and-meditation.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":36268,"url":"https:\/\/www.legalindia.com\/news\/gst-bill-introduced-ls","url_meta":{"origin":21370,"position":3},"title":"GST Bill introduced in LS","author":"Legal India Admin","date":"December 20, 2014","format":false,"excerpt":"Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.Touted as the single biggest indirect taxation reforms since\u2026","rel":"","context":"In &quot;Consumer Law News&quot;","block_context":{"text":"Consumer Law News","link":"https:\/\/www.legalindia.com\/news\/category\/consumer-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/12\/gst.jpg?fit=396%2C206&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":21646,"url":"https:\/\/www.legalindia.com\/news\/finmin-no-service-tax-on-nri-remittances","url_meta":{"origin":21370,"position":4},"title":"FinMin: No service tax on NRI remittances","author":"Legal India Admin","date":"July 10, 2012","format":false,"excerpt":"The Government today said remittances from abroad will not attract service tax, putting to rest the concerns raised in view of new tax norms. \u201cThe matter has been examined and it is clarified that there is no service tax per se on the amount of foreign currency remitted to India\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9369,"url":"https:\/\/www.legalindia.com\/news\/dont-impose-service-tax-on-healthcare-rights-panel","url_meta":{"origin":21370,"position":5},"title":"Don&#8217;t impose service tax on healthcare: Rights panel","author":"Legal India Admin","date":"March 10, 2011","format":false,"excerpt":"The National Human Rights Commission (NHRC) Thursday joined the healthcare industry in strongly opposing the proposed service tax hike in the budget, saying that it will adversely affect the common man. 'It has come to the notice of the commission through media reports that the centre proposes to introduce a\u2026","rel":"","context":"In &quot;Intellectual Property News&quot;","block_context":{"text":"Intellectual Property News","link":"https:\/\/www.legalindia.com\/news\/category\/intellectual-property-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2011\/03\/National-Human-Rights-Commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-5yG","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/21370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=21370"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/21370\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=21370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=21370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=21370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}