Union Budget 2015: Service tax increases to 14%, will using cell phones get costlier?
Finance Minister Mr. Arun Jaitley today presented the first Union Budget of the Modi government. Amongst the many changes and amendments, one of the most impactful was the increase in service tax from 12.36% to 14%. Service tax is applicable to all services ranging from train tickets and restaurant food bills to mobile tariffs. The common practice in the Indian telecom industry is that Prepaid voucher tariffs advertised by the... Read More
