Higher service tax of 14% to be applicable w.e.f June 1, 2015

Q.  From which day would the higher service tax of 14% that was proposed in the budget speech 2015 will be effective ______.
- Published on 17 May 15

a. 31st May 2015
b. 30th June 2015
c. 30th May 2015
d. 1st June 2015

ANSWER: 1st June 2015
 
This increased service tax will be inclusive of an education cess.

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