Although the government had made it clear at the outset that no transition credit would be available after implementation of the GST regime...

It has sought approval for gross additional expenditure of Rs 11.35 lakh cr that will be matched by savings made by ministries and departme...

Relieved? But don’t lose sight of the fact that you actually pay as many as 10 taxes in the financial markets when you invest or save. Take...

It is always better to know the charges and taxes levied on your restaurant bill if you want to avoid being overcharged.

Finance Minister Arun Jaitley announced 0.5% Krishi Cess on all taxable services to be used for improvement of agriculture sector and farme...

Krishi Kalyan cess of 0.5 per cent on service tax will be imposed on all AC class tickets, freight and parcel, a senior Railway Ministry of...

If you are taxpayer, there is some cheer and jeer coming your way tomorrow. Here's a quick list of what's going to impact your pocket from ...

Finance minister Arun Jaitley had proposed the Krishi Kalyan Cess in this Budget, which is at 0.5% on all taxable services.

While India Inc has made representations in this regard, till date a clarification has not been issued by the Central Board of Excise and C...

Credit of such cess shall be allowed as Cenvat credit for payment of cess by a service provider. However, manufacturing units will be unabl...

In Budget 2016-17 presented by Arun Jaitley last month, the government has imposed two new cesses -- one related to farm and another for in...

The Budget has also earmarked Rs 38,500 crore for the rural job guarantee scheme. Singh said the funds raised though the cess will be used ...

The Budget presented on Monday has allocated Rs 35,984 crore for the agriculture sector and farmers’ welfare, with major thrust on irrigati...

Terming the Union budget 2016-17 as a "dissapoinment", he said provisions like Krishi Kalyan Cess, Infra Cess and Clean Energy Cess will pu...

By imposing Krishi Kalyan Cess of 0.5% on all taxable services, FM proposes to increase service tax to 15 percent.

Govt today proposed Krishi Kalyan Cess and Infrastructure Cess, raised incidence of Environment levy, while deciding to do away with as man...

However, the finance minister did not explain the channel or area for usage of the corpus collected under this scheme.