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AFTER EDUCATION CESS, NEW CESS ON THE OFFING

Service Tax - By: - Dr. Sanjiv Agarwal - Dated:- 5-12-2015 - It seems that our Government has learnt how to raise cesses without major opposition from the citizens. While surcharges have been common, cesses by one name or the other and are being coll .....

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ation cess and secondary & higher education cess (over ₹ 25,000 crore) by the Union Government over the years. Where and how this cess has been applied or spent is not transparent or known to public at large. Therefore, the need of the cess .....

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ere their hard earned money has found way to. It must be used for the desired purpose in quantum as well as quality and must be reflected in the deeds as well as Government documents. Much needs to be done by the Government on this court so far as ed .....

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ent on Service Tax was levied w.e.f. 11.05.2007. Since 11.05.2007 till 30.06.2015 a total of 3 percent on account of both education cesses was being levied. If one takes into consideration the total Service Tax collection since 10.09.2004 which is &# .....

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Government suggest that yet another cess is brewing up for levy in the ensuring Budget. After Swachh Bharat Cess (SBC), it is learnt that Ministry of Skill Development and Entrepreneurship (MSDE) has forwarded a proposal for 2 percent cess on tax pay .....

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equip 500 million Indians with skills by 2022 to enable them to find jobs / employment. While it is not known whether it will be a cess (infact an additional tax) levied on direct taxes or indirect taxes, it is also to be seen that such cess is levi .....

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ames of surtax, surcharge or cesses. Coal cess, oil cess, road cess, R & D cess, education cess, water cess, textile cess, swachh bharat cess, are just a few names to recall. While the revenue from a cess is used to fund a particular project, pro .....

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prehensive budget exercise wherein all tax revenue sources should be planned and expenditure budget / plan allocated. Once you have a reasonable taxation structure, there should not be any need for cesses. Levy of cesses should be resorted to in rare .....

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