https://www.taxtmi.com/highlights?id=129 The 2011-2012 budget expands the scope of service tax, increases the tax rates, and introduces new exemptions and compliance requirements. These changes aim to broaden the tax base and enhance revenue collection. The adjustments include specific notifications that outline the updated tax framework, impacting various sectors and services. Businesses and service providers are required to comply with the new regulations and exemptions to ensure adherence to the revised tax structure. en-us Mon, 28 Feb 2011 20:10:09 +0530 Mon, 28 Feb 2011 20:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=129 The 2011-2012 budget expands the scope of service tax, increases the tax rates, and introduces new exemptions and compliance requirements. These changes aim to broaden the tax base and enhance revenue collection. The adjustments include specific notifications that outline the updated tax framework, impacting various sectors and services. Businesses and service providers are required to comply with the new regulations and exemptions to ensure adherence to the revised tax structure. Highlights Service Tax Mon, 28 Feb 2011 20:10:09 +0530 https://www.taxtmi.com/highlights?id=129