The central government is likely to raise taxes from the 15 per cent to 16-18 per cent in the Budget that will be announced on Wednesday, tax experts said.
The decision — an attempt to take rates closer to the proposed the Goods and Services Tax — is likely to make flying, dining out, phone bills and several other services expensive.
The GST will replace central and state levies like excise duty, service tax and VAT and will be enforced on July 1.
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