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of <h1>Finance Bill 2015: Clause 187 Proposes Removal of Section 140, Ending Secondary and Higher Education Cess on Services</h1> Clause 187 of the Finance Bill, 2015 proposes the removal of section 140 from the Finance Act, 2007. This amendment aims to eliminate the levy of the Secondary and Higher Education Cess on taxable services. The change will take effect from a date specified by the Central Government through a notification in the Official Gazette.
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