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 …
Read More »
The rate of Service Tax is being increased from 12.36% to 14%. The new Service Tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015. On 14th May 2015, the Finance Bill got the assent of …
Read More »
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 …
Read More »
Simplified Laws Guide to Taxation and Legal Concern