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of <h1>Central Government raises service tax exemption limit from 8 lakhs to 10 lakhs effective April 1, 2008.</h1> The notification issued by the Central Government amends the previous notification No. 6/2005-Service Tax, increasing the basic exemption limit for service tax from 8 lakhs to 10 lakhs. This amendment, made under the authority of the Finance Act, 1994, is deemed necessary in the public interest and will take effect from April 1, 2008. The amendment replaces the term 'eight lakh rupees' with 'ten lakh rupees' in the original notification, which was initially published on March 1, 2005, and last amended on March 1, 2007.
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