<h1>New Service Tax Exemptions in Finance Bill 2014: Micro-Insurance, Organic Manure, Cotton Handling, and More.</h1> The Finance (No. 2) Bill, 2014 introduces new service tax exemptions effective from July 11, 2014. Exemptions include life micro-insurance schemes for the poor with a sum assured not exceeding INR 50,000, transport of organic manure, and services related to cotton handling. Additionally, services by bio-medical waste treatment operators for clinical establishments, specialized financial services for the Reserve Bank of India from global institutions, and services by Indian tour operators for tours outside India are exempted. These changes are part of the amendments to the Mega Exemption Notification No. 25/2012.