PRESS NOTE - Notified 1st June,2015 as the date from which the service tax rate of 14% would become applicable

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..... PRESS NOTE - Notified 1st June,2015 as the date from which the service tax rate of 14% would become applicable - News and Press Release Dated:- 20-5-2015 - News - In the Union Budget, 2015, an incre .....

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..... ase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1 st June, 2015 a .....

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..... s the date from which the rate of 14% would become applicable. The provisions levying Education Cess and Secondary and Higher Education Cess would also cease to have effect from same date i.e. 1st Jun .....

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..... e, 2015, as the same would be subsumed in the service tax rate of 14%. Certain other changes have also been notified with effect from 1 st June, 2015. However, the date of giving effect to the pr .....

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..... ovisions relating to imposition of a Swachh Bharat cess on all or any taxable service will be done in due course. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagem .....

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..... ent - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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