The Indian government has been trying to raise revenue to plug a fiscal deficit that is likely to overshoot a target of 5.1 percent for the current fiscal year that ends in March 2013. (Reuters)
India imposes 3.7% service tax on railway goods traffic
posted by AJOT | Oct 01 2012 at 08:00 PM | Intermodal
India has imposed a 3.7 percent service tax on railway freight transportation, effective from the start of October, a government statement said.