Tag Archives: Rate of service tax

The service tax rate stands increased from 12.36% to 14% with effect from 1st June, 2015. All services including phone, travelling, professional fees, ecommerce, etc. will cost more from next month. So, citizens, let us warm up to cough up more money! This apart, the service providers may have some …

Finally the much awaited Notification is out! The service tax rate is increased to 14% with effect from 1st June 2015. This is the way it has to be done, sufficient time is given to the taxpayers to adopt new rates.   Education cess  and Secondary Education Cess: The above …

  No, the proposed service tax rate will not become effective from 01-04-2015.   Many service providers and receivers are having the misconception that any change in rate of service tax takes effect from 1st April of the year. It shall come into effect from a date to be appointed …