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  • News From Press Tax, charges increase your restaurant bills by a third

    Tax, charges increase your restaurant bills by a third

    Source: Livemint Jun 9, 2016

    When you go out to eat at a restaurant, you might have noticed that the different taxes and charges in the bill outnumber items that you ordered. Now be prepared to find another entry to this already long list. A new cess has been implemented from 1 June, the Krishi Kalyan Cess, and it is being levied at the rate of 0.5% on all taxable services, including restaurant bills. This cess is levied to collect funds for development of the agriculture (krishi) industry.

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