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Knowledge Exchange | Knowledge Sharing | KE

"EDUCATE IN INDIA" - AN INITIATIVE DUE SINCE LONG!

Food, Shelter, Clothing and Education are now the basic requirement of every individual. Right education can bring a paradigm shift not only in a individual's life but also brings a cultural shift in the country as a whole!
India! Is a country of its own kind. Also, considering its potential as an emerging economy, the Indian Education Industry deserves a close look.


EFFECT OF CHANGE OF RATE IN SERVICE TAX :

What is the rate of service tax applicable now?
- [D.O.F.No.334/5/2015-TRU]
[as amended in 2012]
- Section 66B of the Finance Act, 1994, prescribes the service tax rate. It has been amended by Section 108 of the Finance Act, 2015:
- The rate of Service Tax is being increased from 12% to 14% (including cesses). The increase in Service Tax rate will come into effect from 1st June, 2015



   

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