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Budget 2015: Effective service tax may increase to 16%: KPMG

Sachin Menon of KPMG says new service tax will be applicable on all services. He says the new service tax is in line with GST norms. The finance ministry has said there is an enabling provision in the Finance Bill to levy service tax on all services provided by the government to business entities.

first published: Mar 2, 2015 10:28 am

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