New Delhi, Nov 16: Eating out, telephony and travel will become expensive from monday with the Government imposing 0.5 per cent Swachh Bharat cess on taxable services which is expected to yield about Rs 3,800 crore to the exchequer in the remaining months of the fiscal.
With the imposition of the cess, service tax rate will go up from 14 per cent to 14.5 per cent on all taxable services.
The Government expects to collect around Rs 10,000 crore from Swachh Barat cess for full year.
The Swachh Bharat cess would be levied only on the portion of taxable services (after abatement) and will go towards funding of the cleanliness drive, a pet project of Prime Minister Narendra Modi.
This means that service tax on restaurant bills will go up from 5.6 per cent to 5.8 per cent following the levy of 0.5 per cent Swachh Bharat cess.
Getting a new Permanent Account Number (PAN) card for income tax purposes has also become costlier by a rupee to Rs 107.
Under revised charges, a PAN card, issued by the Income Tax department to an individual or entity to keep a track on all their financial activities, within the country will now be costing Rs 107 instead of Rs 106.
Similarly, getting a new PAN shipped outside India will cost an individual or entity a total of Rs 989, four rupees more than the existing price of Rs 985.
