Sebi served service tax notice of ₹75 cr: Report
Markets regulator Sebi has reportedly been slapped with a notice from the service tax department to clear a pending demand of ₹75 crore in service tax between July 2012 and March 2015. Notably, the Union Budget 2015-16 has exempted regulators like Sebi and Employee Provident Fund Organisation (EPFO) from the service tax prospectively, starting from April 1, 2016. 