Swachh cess: Eating out, telephony gets costlier from today
Eating out, telephony and travel will become expensive from Sunday with the government imposing 0.5 per cent Swachh Bharat cess on taxable services which is expected to yield about Rs 3,800 crore to the exchequer in the remaining months of the fiscal.
With the imposition of the cess, service tax rate will go up from 14 per cent to 14.5 per cent on all taxable services.
According to revenue secretary Hasmukh Adhia, the government expects to collect around Rs 10,000 crore from Swachh Barat cess for full year.
So in the remaining months of this fiscal till March 31, 2016, the cess would yield about Rs 3,800 crore to the kitty.
Swachh cess: Eating out, telephony gets costlier from today - The Times of India