Articles by Bavesh Kumar Jain

avatarView Full Profile

Service Tax on Government Services under Reverse Charge Mechanism (RCM)

  Bavesh Kumar Jain    14 June 2016 at 11:12

Background:-The chargeability of service tax on the services provided by the Government is as per the negative list under Section 66D, which is reproduced as below:Services by Government or a local authority are not chargeable to services tax except



Chapter VI A deductions and Tax Slab Rates for FY 2015-2016 (AY 2016-2017) for Individuals

  Bavesh Kumar Jain    11 June 2016 at 12:33

Chapter VI A Deductions for FY 2015-16 (AY 2016-17) for Individuals Section Eligible Assessee Particulars Remarks 80C Individual / HUF Sums paid or deposited in PY: - Employee Provident



Few aspects of Krishi Kalyan Cess (KKC)

  Bavesh Kumar Jain    26 May 2016 at 10:08

New levy Krishi Kalyan Cess aka KKC applicable from 01.06.2016 @ 0.5% on value of all taxable service (thus effective rate of ST increases from 14.5% to 15%).