TaxTMI 
TaxTMI 
Union Budget 2016: Changes in Indirect Tax - Service Tax & Excise
X X X X Extracts X X X X
X X X X Extracts X X X X
....nion Budget 2016: Changes in Indirect Tax - Service Tax & Excise<br>By: - Bimal jain<br>Budget - Tax Proposals<br>Dated:- 5-3-2016<br><br>Dear Professional colleague, The Hon'ble Finance Minister Shr....
X X X X Extracts X X X X
X X X X Extracts X X X X
....i Arun Jaitley announced a host of changes in the Indirect tax structure in the Union Budget 2016-17 on February 29, 2016, that are expected to impact the Trade and Industry. Under Service tax, on one....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... hand, the effective rate of Service tax would go up to 15% w.e.f June 1, 2016 with the introduction of Krishi Kalyan Cess at 0.5% on the value of all taxable services, on another hand, some of the ex....
X X X X Extracts X X X X
X X X X Extracts X X X X
....emptions, which were hurriedly withdrawn during the last two years, have been reinstated with complete clarity & refund mechanism. Further, there are many changes in the Negative list, Exemption list,....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Reverse Charge and Abatement Notification also. As an endeavour to summarise all the important changes in the arena of Service tax for easy digest, Mr. Bimal Jain has recorded a video titled "Union ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Budget 2016: Changes in Indirect Tax - Service Tax & Excise", discussing the flurry of changes proposed by the Union Budget 2016-17 and their likely impact. Please find below the link for the video.<b....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r> Scholarly articles for knowledge sharing by authors, experts, professionals ....