Higher service tax comes into effect; eating out, travel and mobile become expensive
The government's proposal to increase the rate of service tax from 12.36 percent (including education cess) to 14 percent has come into effect from Monday.
Jun 01, 2015, 08:38 AM ISTMobile, hotel, other services to be costlier from Monday
Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent. The proposal takes effect from June 1.
May 31, 2015, 11:37 AM IST