Increase in Service Tax Rate from 12% to 14% with Effect from 1st June, 2015 In the Union Budget, 2015, an increase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date from which the rate of 14% would become applicable. The … [Read more...] about Increase in Service Tax Rate from 12% to 14% with Effect from 1st June, 2015
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