Krishi Kalyan Cess to make eating out, mobile bills costlier -Governance Now

Krishi Kalyan Cess to make eating out, mobile bills costlier

People will now have to pay an additional 0.5 percent tax

GN Bureau | June 1, 2016

#taxable services #cess #budget #Arun Jaitley #Swachh Bharat Cess #service tax

June 1 onwards, people will have to pay an addition 0.5 percent tax whenever they go out to dine or buy a movie ticket.

The Krishi Kalyan Cess, announced by finance minister Arun Jaitley in his budget speech earlier this year, will make services such as air and rail travel, mobile bills, restaurant and hotel bills, insurance, healthcare and banking services, among others to be costlier. The move was made to improve agricultural development in the country.

The cess would be levied on all taxable services. After the introduction of Swachh Bharat Cess of 0.5 percent last year and with the present service tax of 14 percent, people would now have to pay a total of 15 percent tax on services. The government aims to collect Rs 5,000 crore during the remaining 10 months of the current fiscal through this cess.

Comments

Other News

Governance Now journalist Geetanjali Minhas wins ENQUBE Women Public Policy and Governance Award

Geetanjali Minhas, Associate Editor with Governance Now, has been conferred with the Women Public Policy and Governance Award by ENQUBE Collaborations. The award was presented at ‘Season 5 – Connect Future Ready Leaders: Viksit Bharat at 2047’, organised by EN

`Quitting tobacco first step to preventing oral cancer`

A study from the Centre for Cancer Epidemiology at the Tata Memorial Centre, Mumbai, has provided new evidence that quitting tobacco, both smoking and chewing, substantially reduces the risk of oral cancer. Published in the International Journal of Cancer, the research highlights long-term benefits of cess

Why India’s health budget and lung cancer guidelines must do more

India’s Union Health Budget 2026-27 and the release of the country’s first evidence based lung cancer guidelines have sparked important conversations about whether our health system is keeping pace with global standards. These announcements are not just policy milestones – they are litmus

“India AI Impact Expo a powerful convergence of ideas, innovation & intent”

Prime minister Narendra Modi on Tuesday hailed the India AI Impact Expo 2026 as a powerful convergence of ideas, innovation, and intent. Sharing highlights of the event’s inauguration, he said the Expo, which got underway here on Monday, highlighted the extraordinary potential of Indian talent in sha

BMC polls: 24% winners have declared criminal cases against themselves

As many as 54 (or 24%) out of the 227 winning candidates of the Brihanmumbai Municipal Corporation (BMC) elections have declared criminal cases against themselves, according to an analysis by the Association for Democratic Reforms (ADR) and Maharashtra Election Watch. As many as 29 (13

PM`s first decisions from Seva Teerth reflect spirit of Seva

In his very first set of decisions after shifting to Seva Teerth, the new address of the PMO, PM Narendra Modi signed important files relating to decisions that reflect the spirit of Seva. These decisions touch every section of society: farmers, women, youth, and vulnerable citizens. 1.