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| << March01, 2006 - Highlights of Union Budget 2006-07 |
April20, 2006 - Service Tax Notifications dated 19 April 2006 >> |
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The Finance Bill 2006 received the Hon. President's assent yesterday (19th April, 2006). The immediate implication of this is that the effective rate of Service Tax is enhanced to 12.24%; including education cess. This new rate, in my opinion, would be effective from the date the same is notified. Stay tuned here for updates on the notifications. |
| << March01, 2006 - Highlights of Union Budget 2006-07 |
April20, 2006 - Service Tax Notifications dated 19 April 2006 >> |
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