https://www.taxtmi.com/article/detailed?id=6122 The Budget revises service tax by increasing the headline rate and subsuming education cesses, expands the taxable base by revising the Negative List and limiting general exemptions, clarifies definitions and valuation in the Finance Act, rationalises abatements across transport and air travel, revises composition and aggregator liabilities, and extends full reverse charge to specified manpower, security and agent services. en-us Mon, 02 Mar 2015 12:14:42 +0530 Mon, 02 Mar 2015 15:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6122 The Budget revises service tax by increasing the headline rate and subsuming education cesses, expands the taxable base by revising the Negative List and limiting general exemptions, clarifies definitions and valuation in the Finance Act, rationalises abatements across transport and air travel, revises composition and aggregator liabilities, and extends full reverse charge to specified manpower, security and agent services. Articles Other Topics Mon, 02 Mar 2015 12:14:42 +0530 https://www.taxtmi.com/article/detailed?id=6122