As per the Finance bill 2012, the rate of Service Tax has been increased from 10% to 12%.
The effective rate of Service Tax to be charged has been increased from 10.3% to 12.36%.
This will be effective from 1st April 2012.
B S Sridhar & Co., Chartered Accountants
Chartered Accountant firm in Chennai - Tax Filing (Income-tax & GST) ,Tax (Income-tax & GST) Consulting, Audit & Assurance, Accounting, Company Registration , NRI Taxation Services
