Source - Msg on whats app
A Krishi Kalyan Cess of 0.5% will be levied
on all taxable services
w.e.f. 01.06.2016 in accordance with the provisions
of the Finance Act, 2016.
The effective Service Tax rate now stands
revised at 15% (Service Tax 14% + 0.5% Swachh Bharat Cess + 0.5% Krishi Kalyan Cess) -