Orbitax
The increase in India's Service Tax rate as included in the recently enacted Finance Act 2015 will apply from 1 June 2015, according to a notice from the Central government. The current service tax of 12.36% (including 2% education cess and 1% secondary and higher education cess) is increased to a consolidated rate of 14% with the cess no longer levied.
Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.
Free trial available. Cancel anytime. Free Orbitax account required.
Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.