Increase in the rate of service tax would make things expensive and thus from now you need to prepare a tight budget failing which you may face monetary crisis. If you love to have some delicious food, you need to spend more. Previously you need to invest Rs. 58 for a bill of Rs.1000 and now the amount would be up to Rs. 60. So, it comes out as a very difficult situation where you need to think twice to spend money to get a better standard of living. Everything became expensive and thus it’s an alarming time for general people who want to get a better way of life.
If you are planning to buy a house of
Rs. 20 lakh with an initial payment of Rs. 80,000 then it would increase up to
Rs. 90,000. Aloso, if you love to travel specially looking to book AC coaches
then you need to spend more from June 1. Planning to buy a new car? There you
would come to know that 1% TCS for cars above Rs. 10 lakhs is levied on cars
that would again become a big burden and this TCS would be levied on cars worth
Rs. 2 lakh.
Alongside, the service tax would
increase to 15% from 14.5% from 1st June and thus people need to
wake up to the gravity of the situation. Krishi Kalyan tax of additional 0.5%
that’s responsible to make the service tax increase with total 15%. Worried
with the huge phone bills? Then here is a bad news that you would have to now
pay Rs. 150 instead of Rs. 145 that may come out as a difficult way to manage
phone bills. It’s the time to handle system efficiently that would help you to
make life beautiful with all the new things that you want to have.
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