Service Tax Rate Raised from 10 Per Cent to 12 Per Cent

Last updated: 16 March 2012

The Service tax rate has been marginally raised from 10 per cent to 12 per cent. Presenting the Union Budget 2012-13 in LokSabha today, the Union Finance Minister ShriPranab Mukherjee said that to maintain a healthy fiscal situation, the Government has raised the service tax with consequential ch
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