https://www.taxtmi.com/highlights?id=3260 India's 2012-2013 budget saw an increase in the service tax rate to 12%, alongside an expansion of the tax base. A negative list approach was introduced, specifying services exempt from taxation, thereby broadening the scope of taxable services. en-us Mon, 19 Mar 2012 12:29:07 +0530 Mon, 19 Mar 2012 12:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=3260 India's 2012-2013 budget saw an increase in the service tax rate to 12%, alongside an expansion of the tax base. A negative list approach was introduced, specifying services exempt from taxation, thereby broadening the scope of taxable services. Highlights Indian Laws Mon, 19 Mar 2012 12:29:07 +0530 https://www.taxtmi.com/highlights?id=3260