Service tax increased from 14.5% to 15%
Budget 2016 has proposed to impose a Cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services.
The new effective service tax could henceforth be 15% from 01/06/2016 for all Indian Customers.
For all other countries, they are exempted from Indian Service Tax.
29th Feb 2016
