Those travelling in AC coaches of trains will now have to shell out more from Wednesday , with the government deciding to impose 'Krishi Kalyan' cess of 0.5 per cent on service tax. Krishi Kalyan......
The 14th Finance Commission had recommended that states’ share in the divisible tax pool be raised to 42 per cent, from 32 per cent earlier. The Centre expects to collect a staggering Rs......
A new cess called the Krishi Kalyan Cess (KKC) has been introduced on all taxable services at 0.5 per cent. This will effectively increase the service tax rate to 15 per cent. Image:......
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel. A slew of additional taxes......
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge The Centre may lose over Rs 1.5 lakh crore revenue from cess and surcharge if the goods and services tax (GST) is......