Mobile, hotel, other services to be costlier from tomorrow

May 31, 2015 13:13

People will have to shell out more from tomorrow while using mobiles, eating out and travelling as the service tax rate goes up to 14 per cent.

Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent.

The proposal takes effect from June 1. The tax is levied on all services, expect a small negative list.

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