Union Budget: School education exempt from service tax
Finance Minister Pranab Mukherjee announced that school education will be exempt from service tax.
By Agencies | Updated:
NEW DELHI: Finance Minister Pranab Mukherjee announced that school education will be exempt from service tax.
He added that there will be a tax on all services except those 17 items in the negative list. Some infra construction services too have been exempt from service tax.
He added that there will be a tax on all services except those 17 items in the negative list. Some infra construction services too have been exempt from service tax.
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Besides, service tax has been raised to 12% from 10%.
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