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India Equity Research Reports, IPO and Stock News
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Most services will become costlier as finance minister Pranab Mukherjee on Friday proposed to raise the service tax to 12 per cent from the existing 10 per cent.
"I propose to raise the service tax from 10 per cent to 12 per cent," Pranab Mukherjee said while presenting Union Budget for 2012-13.
The finance minister said a few essential services such as education will be exempted from the service tax.
"I propose to tax all the services except those in the negative list," he said.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Most services will become costlier as finance minister Pranab Mukherjee on Friday proposed to raise the service tax to 12 per cent from the existing 10 per cent.
"I propose to raise the service tax from 10 per cent to 12 per cent," Pranab Mukherjee said while presenting Union Budget for 2012-13.
The finance minister said a few essential services such as education will be exempted from the service tax.
"I propose to tax all the services except those in the negative list," he said.
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