Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Service Tax on Air Travel Raised

Posted on 28 February 2011,    
 6177 Views   Share Report

Service Tax on Air Travel Raised

The Union Finance Minister, Shri Pranab Mukherjee, while presenting the Union Budget for 2011-12, has announced that the Service Tax on air travel would be raised by Rs.50 in the case of domestic air travel and Rs.250 on international journeys by economy class.

Shri Mukherjee said that the domestic air travel on higher classes would be taxed at the standard rate of 10 per cent to bring it on par with journeys by higher classes on international air travel. 


Popular News

caclubindia books caclubindia books Book

Browse by Category