Krishi cess, luxury tax: Starting June, car purchase, air, rail travel to get costlier
Fp Staff • 9 years agoWith imposition of Krishi Kalyan Cess the total incidence of Service Tax will go up to 15 per cent
Govt to release funds for 23 major irrigation projects in April
Fp Archives • 9 years agoAmid rising rural distress following two consecutive years of drought, the Centre is keen to kick-start 23 major irrigation projects and will begin releasing the committed Rs 20,000-crore funds from April itself.
Govt to subsume additional cesses under GST within one year: Tax official
Fp Archives • 9 years agoGovernment will subsume all the additional levies like Krishi Kalyan and Infrastructure cess in the Goods and Services Tax (GST), within one year of its implementation, a senior tax official said on Saturday.
Budget 2016: Govt proposes 2 and bids adieu to 13 cesses, hikes environment levy
Fp Archives • 9 years agoGovernment on Monday proposed Krishi Kalyan Cess and Infrastructure Cess, raised incidence of Environment levy, while deciding to do away with as many as 13 cesses which do not yield more than Rs 50 crore in a year.