Excise rate 12.5% w.e.f. 01.03.15. Ed.cess abolished.
Ser.Tax 14% ... effective date to be notified later.
Time limit for taking Cenvat credit ..one year.
Manpower service 100% service tax liability on corporate entities if services provided by Proprietary, partnership, HUF.
We informally talk about Tax specially about Indian Income-tax Act, 1961, GST,FDI, Corporate Law and allied laws. The other motive is also to keep fellow professionals, entrepreneurs, NRIs, Foreign Investors and students updated. A place to share the common point of interest 'TAX' because sharing is caring!
Saturday 28 February 2015
India Finance Budget 2015 Highlights
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