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Budget 2011: Impact on Service Tax

The Government of India introduced service tax in the year 1994 and presently it constitutes a major source of revenue for the Government. Budget 2011 estimated collection of services tax was at Rs. 68,000 Crores in 2010-11 as compared to Rs. 2072 Crores in 1999-00.

March 07, 2011 / 14:25 IST

By: R Muralidharan, Executive Director

first published: Feb 28, 2011 05:54 pm

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