Finance Bill 2015 New Service Tax Rates Applicable wef the date as to be provided in notification

In the budget 2015-16 the provisions were made to increase the service tax from 12.36% to 14% plus 2% Swach Bharat Tax. The Finance bill has been passed in Loksabha, Rajya Sabha and assented by Hon'able President but the new service tax rates will be applicable from the date as provided in the notification which is still pending upoto 17th May 2015. The same is likely to be issued in this week and as per information received sufficient time will be given to the tax collector to start collection of ST at the new rates.

Rakesh K,. Shahi
ADVOCATE
9780300415

Minimum wages in Punjab wef 01/03/2015 1st march 2015

Rates of Minimum Wages	WEF-->	01/03/14	01/09/14	01/03/15
	Increase->	200/7.70	200/7.70	200/7.69
Unskilled	Monthly	6447.75	6647.75	6847.75
GateKeeper,Peon, Helper,  Chowkidar, Gen …...Labour Below 10th	Daily	248.34	256.03	263.72
Semi-Skilled	Monthly	7227.75	7427.75	7627.75
Having 10 Yrs Exp or Fresh Having ITI  or ….Diploma Holder/TM3rd4th stand	Daily	278.34	286.03	293.72
Skilled	Monthly	8124.75	8324.75	8524.75
Semi Skilled after 5 Yr Exp,  BlackSmith, ….Turner, Electrician, TM/1-2nd	Daily	312.84	320.53	328.22
Highly Skilled	Monthly	9156.75	9356.75	9556.75
Degree Holder, Graduate Engineer, Truck …...Driver, Crane Operater	Daily	352.54	360.23	367.92
Staff-Gade A	Monthly	11617.75	11817.75	12017.75
Post Grduat Degree MBA etc	Daily	447.24	454.93	462.62
Staff-Gade B	Monthly	9947.75	10147.75	10347.75
Graduate	Daily	383.04	390.73	398.42
Staff-Gade C	Monthly	8247.75	8647.75	8847.75
Undergraduate	Daily	325.34	333.03	340.72
Staff-Gade D	Monthly	7247.75	7447.75	7647.75
10th Pass Peon, Helper	Daily	279.14	286.83	294.52