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Real Estate Forum on Property Tax in Umred Road, Nagpur

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Umred Road, Nagpur

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Q: I have purchase plot in 2011, is there any govt. taxes applicable till today's date, if yes is there any provision to pay it online.
Latest Answer: Hi friends!! In form of Krishi Kalyan Cess, a levy of 0.50% is going to add up to existing rate of service tax on all taxable services which sums up to total service tax of 15%. Arun Jaitely, in his first budget had increased service tax rate to 14% from 12.36% and then added 0.50% as Swachh Bharat Cess from 15th November, 2015. Now, with krishi kalyan cess of 0.50%, the new service tax rate will be 15% effective from 1st June 2016.
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