Krishi Kalyan Cess
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Service Tax Rate To Rise From 15% To 18% Under GST: Hasmukh Adhia
At present, the services sector is taxed at 14 per cent with two additional cesses -- Swachh Bharat Cess and the Krishi Kalyan Cess attracting half a per cent each.
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Krishi Kalyan Cess Not Applicable If Invoice Generated Before May 31
In a bid to end confusion over retrospective applicability of the new Krishi Kalyan cess, the government has stated that 0.5 per cent tax will not apply on services whose invoice had been issued on or before May 31.
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Finance Ministry To Review Domestic Black Money Window Issues: Report
With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to declare domestic black money.
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Train Tickets, Petrol, LPG, Phone Calls... What You Now Pay More For
A number of goods and services cost more from today, with some Budget proposals kicking in. In a double whammy for the common man, the prices of several essentials are also up, following a sharp rebound in global commodity prices.
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Pay More For Cars, AC Train Tickets, Eating Out, Phone Calls From Today
Planning to buy a car priced over Rs 10 lakh? You will have to shell out 1 per cent extra over and above the price of the car as the tax introduced by the Finance Minister Arun Jaitley in Budget this year will become applicable from June 1.
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AC Train Fare Becomes Marginally Higher
Those travelling in AC coaches of trains will have to shell out more from Wednesday, with the government deciding to impose a 'Krishi Kalyan' cess of 0.5 per cent on service tax.
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New Farm Cess To Kick In From June 1
Come June 1, be ready to pay a new service tax on any of the taxable services. The Krishi Kalyan Cess announced by Finance Minister Arun Jaitley in the Union Budget will come into play from next month.
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Government Should Reconsider Krishi Kalayan Cess Imposition: Assocham
Government should reconsider imposition of Krishi Kalyan Cess at 0.5 per cent on all taxable services as it will push production costs further, a report said.
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Infrastructure Cess to Be Eventually Included in Goods and Services Tax
The government will subsume all additional levies such as Krishi Kalyan and Infrastructure cess in the Goods and Services Tax (GST), within an year of its implementation.
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Additional Cess to Be Subsumed in GST Within 1 Year: Tax Official
With effect from June, the government has proposed to impose a Krishi Kalyan cess of 0.5 per cent on all taxable services.
-
Get Ready to Pay More For Dining Out, Travel, Phone Calls From June
Finance Minister Arun Jaitley did not raise service tax in a big relief to taxpayers, but he announced a "Krishi Kalyan" cess of 0.5 per cent, which be levied on all services.
-
Service Tax Rate To Rise From 15% To 18% Under GST: Hasmukh Adhia
At present, the services sector is taxed at 14 per cent with two additional cesses -- Swachh Bharat Cess and the Krishi Kalyan Cess attracting half a per cent each.
-
Krishi Kalyan Cess Not Applicable If Invoice Generated Before May 31
In a bid to end confusion over retrospective applicability of the new Krishi Kalyan cess, the government has stated that 0.5 per cent tax will not apply on services whose invoice had been issued on or before May 31.
-
Finance Ministry To Review Domestic Black Money Window Issues: Report
With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to declare domestic black money.
-
Train Tickets, Petrol, LPG, Phone Calls... What You Now Pay More For
A number of goods and services cost more from today, with some Budget proposals kicking in. In a double whammy for the common man, the prices of several essentials are also up, following a sharp rebound in global commodity prices.
-
Pay More For Cars, AC Train Tickets, Eating Out, Phone Calls From Today
Planning to buy a car priced over Rs 10 lakh? You will have to shell out 1 per cent extra over and above the price of the car as the tax introduced by the Finance Minister Arun Jaitley in Budget this year will become applicable from June 1.
-
AC Train Fare Becomes Marginally Higher
Those travelling in AC coaches of trains will have to shell out more from Wednesday, with the government deciding to impose a 'Krishi Kalyan' cess of 0.5 per cent on service tax.
-
New Farm Cess To Kick In From June 1
Come June 1, be ready to pay a new service tax on any of the taxable services. The Krishi Kalyan Cess announced by Finance Minister Arun Jaitley in the Union Budget will come into play from next month.
-
Government Should Reconsider Krishi Kalayan Cess Imposition: Assocham
Government should reconsider imposition of Krishi Kalyan Cess at 0.5 per cent on all taxable services as it will push production costs further, a report said.
-
Infrastructure Cess to Be Eventually Included in Goods and Services Tax
The government will subsume all additional levies such as Krishi Kalyan and Infrastructure cess in the Goods and Services Tax (GST), within an year of its implementation.
-
Additional Cess to Be Subsumed in GST Within 1 Year: Tax Official
With effect from June, the government has proposed to impose a Krishi Kalyan cess of 0.5 per cent on all taxable services.
-
Get Ready to Pay More For Dining Out, Travel, Phone Calls From June
Finance Minister Arun Jaitley did not raise service tax in a big relief to taxpayers, but he announced a "Krishi Kalyan" cess of 0.5 per cent, which be levied on all services.
