Govt To Revise Service Tax Rate From June 1, 2015, you will end up paying more for mobile and internet
Amidst of a range of brave decisions taken by NDA government during budget announcement, one that shook most was increased rate of service tax. The service tax rate has been revised from 12.36% to 14%, applicable from June 1, 2015. It simply means that eating at restaurants, paying insurance premiums and phone bills among others will become expensive all over India from June 1 onwards. The extra financial burden that... Read More