Starting an HR Consultancy: Do I Need to Worry About Service Tax?

balasairenu
Hi friends, I would like to start an HR consultancy and I would like to know if any service tax is required. If so, please provide me with details.

Regards,
Renuka
jeevarathnam
As of now, service tax is not applicable to you. If you anticipate that your business turnover for this financial year will exceed ₹10 lakh, then you need to register and charge the same to your customers. Otherwise, there is no need to charge. According to service tax rules, if the total service turnover is less than ₹10 lakh per annum, it is exempted.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute