CA SUDHIR HALAKHANDI (PRACTICING CHARTERED ACCOUNTANT) (13196 Points)
11 January 2009THE RATE OF SERVICE TAX IN BUDGET -2009????
A. WILL INCREASE
B. WILL DECREASE
C. WILL REAMIN THE SAME
OFFICESELVA
(Service)
(515 Points)
Replied 11 January 2009
C. Will remain the same. REMEMBER THIS IS AN ELECTION YEAR.
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 14 January 2009
Or it may reduce to 10% to align it with Excise duty rate.
sanjeet
(service)
(35 Points)
Replied 24 January 2009
POSSIBLITY OF REDUCTION IS HIGHER BCOZ DUE TO ELECTION
Nitesh
(service)
(136 Points)
Replied 30 January 2009
The demand creation in market now depends on public expenditure. The capital investment has to be bigger and move faster than private demand.
I feel the Government will make various efforts to improve its liquidity and cash flow position.
Keeing this in background the service tax rates will move up.Audit will be increased. Enforcement will be given more power in coming ears.
Rgds./Nitesh
yogesh trivedi
(service)
(25 Points)
Replied 09 March 2009
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