For
Life Insurance under Rule 6(7A)(ii) of Service Tax Rules, 1994..!
Life Insurance Premium Service Tax From June 1, 2015
Gross
Amount of Life Insurance Premium Charged
|
Old
Rate (%)
|
New
Rate From June 1, 2015 (%)
|
First
year
|
3
|
3.50
|
Subsequent
Years
|
1.50
|
1.75
|
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