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Effective November 15,2015 'SB Cess' @ 0.5% will be levied

The Central Government has issued Notification No. 22/2015-ST dated November 6, 2015 to exempt all taxable services from payment of SB Cess which is in excess of 0.5% of the value of taxable services. In other words, with effective from November 15, 2015...

Posted on 12 November 2015  (Downloads: 268) Service Tax


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Important changes under Central and State Tax Laws

The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1. Conveyance Allowance - Transport allowance granted to an employee is exempted up to Rs.800 per month. The limit of exemption is now enhanc...

Posted on 02 June 2015  (Downloads: 764) Service Tax






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