From June 1, the rate of service tax to be paid by masses would be increased from 14.5 per cent to 15 per cent. Here are things that would become expensive. The government would levy additional 0.5 per cent Krishi Kalyan Tax, making service tax 15 per cent of total value.
If you were paying Rs 145 service tax against a bill of Rs 1000, you would be required to pay Rs 150 now.
If you love to eat out, you would have to shell out more. So if you were paying Rs 58 on a bill of Rs 1000, you would be required to pay Rs 60.
Those travelling in AC coaches of trains will now have to shell out more from June 1.
In buying house, if you were paying Rs 87 thousand for buying a house of Rs 20 lakh, you would be paying Rs 90 thousand.
