2 This effectively amounts to a 14.5% tax including service tax of 14% plus Swachh Bharat Cess of 0.5% on taxable services.
3 Swachh Bharat Cess is not leviable on services that are fully exempt from service tax or those covered under the negative list of services.
4 The Swachh Bharat Cess is collected in the Consolidated Fund of India and is proposed to be used for financing and promoting Swachh Bharat initiatives of the government.
5 This tax is levied, charged, collected and paid to the Government, independent of service. Tax and thus must be charged as a separate line item in the invoice.
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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