https://www.taxtmi.com/news?id=15787 A Krishi Kalyan Cess will be levied on taxable services with proceeds exclusively for agriculture and farmer welfare effective 1 June 2016; new withholding rules will capture payments to non-resident suppliers of online advertising lacking a permanent establishment, and tax collection at source will apply to certain high-value cash and luxury vehicle purchases. Dividend recipient taxation, surcharge and securities transaction tax on options were adjusted, excise rates on tobacco increased, tiered infrastructure cess on motor vehicles introduced, the clean energy cess renamed and increased, and assignment of radio-frequency spectrum declared a service taxable under the Finance Act. en-us Mon, 29 Feb 2016 13:26:27 +0530 Mon, 29 Feb 2016 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15787 A Krishi Kalyan Cess will be levied on taxable services with proceeds exclusively for agriculture and farmer welfare effective 1 June 2016; new withholding rules will capture payments to non-resident suppliers of online advertising lacking a permanent establishment, and tax collection at source will apply to certain high-value cash and luxury vehicle purchases. Dividend recipient taxation, surcharge and securities transaction tax on options were adjusted, excise rates on tobacco increased, tiered infrastructure cess on motor vehicles introduced, the clean energy cess renamed and increased, and assignment of radio-frequency spectrum declared a service taxable under the Finance Act. News - Mon, 29 Feb 2016 13:26:27 +0530 https://www.taxtmi.com/news?id=15787