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<h1>Finance Act 2010 Expands and Redefines Taxable Services, Clarifies Penalties, and Updates Exemptions and Export Rules.</h1> The Finance Act, 2010 introduces new service tax provisions and amendments. New taxable services include commercial use of events, certain copyrights, specific health services, maintenance of medical records, electricity exchanges, additional builder services, brand promotion, and organizing games of chance. Existing services like air transport, IT software, commercial training, sponsorship, construction, renting, airport/port services, auctioneering, and ULIP management are expanded or redefined. Amendments to the Finance Act, 1994 clarify penalty provisions and define 'business entity.' Exemptions are provided for certain agricultural, software, and electricity services, while some exemptions are withdrawn or restricted. Amendments to export service rules and notifications are also made.