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04-02-2012, 01:12 AM #1
Phone calls, eating out to become expensive from todayTelephone calls, restaurant bills and other activities will cost more from today with the budgetary proposal of raising service tax rate to 12 per cent coming into effect from Sunday.
In order to garner an additional Rs 18,660 crore during 2012-13, finance minister Pranab Mukherjee increased the service tax from 10 per cent to 12 per cent.
The proposal, which will make host of services including travel by air-conditioned rail coaches, courier services and coaching classes expensive, comes into effect from April 1, 2012....being a human...