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20160603

Message by Saraswat Bank

Source - Msg on whats app

Dear Customer, 
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) - 

Saraswat Bank.

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