Cut down on soup woup – Save Service Tax - Lalu
In a live telecast function, Railway Minister Lalu Yadav told the then Finance Minister P. Chidambaram, “I want to improve the Railway catering but you imposed a 12% Service tax”. The very fact that Railway catering suffers a Service Tax is known to the Minister shows his acumen.
In a recent interview to Times Of India he said, “What has happened is that P Chidambaram as Finance Minister imposed service tax on railway caterers. And since we would not allow them to increase prices, contractors could make profit only at the cost of quality and quantity. Some of them even withdrew from the business. But now I have suggested them to cut down on frills like soup/woup and to ensure that the there is no compromise on the essentials. Sada do lekin solid ho, that is the instruction.”