Emergic: Rajesh Jain's Blog

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Service Tax Change hurts Small, Growing Businesses

October 12th, 2011 · 3 Comments

In April, the rule regarding payment of service tax was changed. Earlier, payment had to be made when the money was collected. Now, payment of the tax has to be done on billing. In India, it typically takes 3-4 months for most payments to come in, and there is always some issue with some bills […]

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