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New service tax rate of 14% to come into effect from June 1
May 19, 2015,
NEW DELHI: The new service tax rate of 14 per cent will come into effect from June 1, government on Tuesday said, in a move that will make eating out in restaurants, insurance and phone bills expensive, among many other things.
The service tax is currently levied at the rate 12.36 per cent including education cess.
Top official sources said that the new rate of 14 per cent announced by finance minister Arun Jaitley in his Budget for 2015-16 would come into effect from June 1.
Read more from here
New service tax rate of 14% to come into effect from June 1 - The Times of India
May 19, 2015,
NEW DELHI: The new service tax rate of 14 per cent will come into effect from June 1, government on Tuesday said, in a move that will make eating out in restaurants, insurance and phone bills expensive, among many other things.
The service tax is currently levied at the rate 12.36 per cent including education cess.
Top official sources said that the new rate of 14 per cent announced by finance minister Arun Jaitley in his Budget for 2015-16 would come into effect from June 1.
Read more from here
New service tax rate of 14% to come into effect from June 1 - The Times of India
