http://www.hybiz.tv/Sheila-Sangwan---CBEC/167738
Sheila Sangwan, IRS, Member (Service Tax), Central Board of Excise &
Customs (CBEC), Impact of Budgetary Changes – Taxation of Services, KLN
Auditorium, FAPCCI, Hyderabad, Andhra Pradesh. A total of 119 services
on the basis of a ‘positive list’ were liable to service tax. A new
service tax policy will come into force from July 1.To widen the tax
base in keeping with the extension of services, the government widened
the definition of services to bring in more activities under the tax net
on the basis of a negative list. The government is going to cover the
services sector. The state will also see that there is a huge tax base
over here will also be tapped. About 59% of the GDP in this country is
contributed by the services sector. The government is looking to widen
its tax base. The government is seeking any kind of complaint.

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