All your daily use services to be taxed from April

Last updated: 19 November 2011

Almost all the services you use daily or even occasionally are going to cost more as the government proposes to cast the tax net as wide as possible. Travelling in air-conditioned railway coaches to house rent if its more than Rs 1 lakh a month will be among a host of services could be covered if the government goes ahead with the proposals the finance ministry unveiled on Friday. The ministry issued a revised concept paper on the service tax the first paper was released in
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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