When you go out to eat at a restaurant, you might have noticed that the different taxes and charges in the bill outnumber items that you ordered. Now be prepared to find another entry to this already long list. A new cess has been implemented from 1 June, the Krishi Kalyan Cess, and it is being levied at the rate of 0.5 per cent on all taxable services, including restaurant bills. This cess is levied to collect funds for development of the agriculture (krishi) industry…READ MORE
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