Swachh Bharat Cess

[Admin TMI]

Question - What are provisions related to Swachh Bharat Cess in Finance Bill 2015 ?

AI Summary

Finance Bill 2015 includes provision for 2% Swachh Bharat Cess on services to fund cleanliness initiatives. A query was raised regarding the provisions related to the Swachh Bharat Cess in the Finance Bill 2015. The response explained that the Finance Bill includes an enabling provision allowing the Central Government to impose a Swachh Bharat Cess on taxable services at a rate of 2% of their value. This cess aims to finance and promote Swachh Bharat initiatives. It will be implemented from a date specified by the Central Government and does not take immediate effect.