NCLAT: IRP Has Authority to Take Possession of Assets Owned by Corporate Debtor  ||  NCLAT: NCLT Can Direct Forwarding a Copy of its Order to Relevant Statutory Authorities  ||  Delhi HC: Centre to Expedite Process of Accessibility Features in OTT platforms for PwDs  ||  Delhi HC: Once Worker Provides Testimony Under Oath ‘Burden of Proof’ Shifts on Employer  ||  SC: There Cannot be Discrimination in Matter of Payment of Pension to Retired Judges  ||  SC: India is Not a Dharamshala that Can Entertain Foreign Nationals from All Over  ||  SC: Can Quash Domestic Violence Act Complaints Under Section 482 of CrPC  ||  Supreme Court: Can’t Use Statement of One Accused against Another  ||  SC: Inclusion of Name in Draft NRC Cannot Annul Foreigners Tribunal’s Declaration as Non-Citizen  ||  Supreme Court: Minimum Practice of 3 Years Mandatory to Enter Judicial Service    

Accounting code for payment of Krishi Kalyan Cess - (26 May 2016)

MANU/DSTX/0036/2016

Other Taxes

The Ministry of Finance allotted ‘Krishi Kalyan Cess’, levied on all taxable services from 1 June 2016, its distinct accounting code.

The tax is nominated “507-Krishi Kalyan Cess” as a new Minor Head.

The new tax payable on services is set at 0.5 per cent, similar to the recently levied ‘Swachh Bharat cess’.

Tags : KRISHI KALYAN CESS   ACCOUNTING CODE   2016  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved