Government might get Rs.400 cr in financial year 2016 via this levy
The government will impose a Swachh Bharat Cess of 0.5 per cent on all services presently liable for service tax, with effect from November 15, the finance ministry stated on Friday. The proceeds are exclusively for its Swachh Bharat initiatives. The funds would go to the Centre’s kitty and would not be shared with the states.
Finance Minister Arun Jaitley had announced the cess in his 2015- 16 …