Krishi Kalyan Cess 0.5% on services w.e.f. 1st Jun

Arun Jaitley while announcing the Budget 2016 has introduced a new cess which would be levied
@ 0.5% on the value of all taxable services. This would be levied @ 0.5% and would be levied
over and the above the Service Tax and the Swachh Bharat Cess.

The Krishi Kalyan Cess has been levied for the purpose of financing and promoting initiatives to
improve agriculture and would be applicable from 1
st June 2016.

Source: http://www.charteredclub.com/krishi-kalyan-cess/ more  

View all 18 comments Below 18 comments
This Govt. is famous for sucking blood by way of higher tax burden on salaried, pensioners, lower income group of people which accounts 90% people. And benefitting 10% rich people in country. More ever prices of all daily used commodities are going high & high making its difficult to maintain living difficult for common people. Recently Amul dairy has raised its prices, so now 1 litre of milk now cost Rs. 50. How common man can drink even 1 cup of tea where 4-5 family members are there. Like wise all commodities prices are increasing. Is our Hon'ble F.M. knows all these or you are going in increasing prices and tax burden on common people. How man connects their 2 ends for survival. Is anybody or any Ministers has any suggestions? We people are now mute for our hardships, as our voices are now shut down and we are bearing taxes burden year by year, as we people are proved donkeys carrying tax burden from Govt. more  
Common man should teach this rhetorical govt bitter lesson in upcoming 2019 elections and by saying so I am not either supporting crooked Congress but the pity is that we don't have any option and under the garb of development they are sucking the blood of salaried and pensioners and giving Corporate and rich class a merry ride more  
There is no end to squeezing n harassing common man by this Govt. people r suffering helplessly, with corruption everywhere under the erratic governance. more  
Bullet train extravaganza meant only for rich should be cancelled and budget allocation should be done for farmers . This govt is unable to maintain even Rajdhanis and other premier train and only interested in show casing the rhetoric with tax payers money more  
Mr. Ravi Ramesh- are you farmer? more  
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