POSTED BY April 2, 2015 6:27 pm COMMENTS (6)
ONI got call from my Insurance provider(ICICI Prudential) stating that Service tax on Insurance payments has increased, effective 1st Apr’15 and asked to pay the premium before 31st Mar’15. My actual due date is 8th Apr’15.
Is this true? Please advise.
Regards
Sarma US
2021 © Jagoinvestor.com All Right Reserved
Thanks for sharing the information with us.
Thanks for your comment Priya
Yes, It is true that our Indian Government increases the service tax amount to 14%. Now we have to pay the current figure.
Yes, that’s true. Service tax has been raised from 12.36% to 14% effective 1st June 2015. And, yes don’t forget to claim section 80D deductions for health insurance premium paid in your Income Tax Return.
ya…. service tax is increased from 12.5% to 14 % effective 1-apr-15 mentioned in the new budget….
Thank yo, Hemanth.