Life Insurance Premium Service Tax From June 1, 2015


 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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