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Saturday, November 14, 2015

Swachh Bharat Cess on all services w.e.f. Sunday Nov 15,2015

Effective Sunday Nov 15,2015, the Government will levy a Swachh Bharat Cess on all services that are taxed.

The cess will be levied at the rate of 0.5 %

The Finance Ministry has said it will have only marginal impact on consumer prices, "translating into a tax of 50 paisa on every Rs. 100 worth of taxable services".

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