<h1>Finance Bill 2007 Expands Service Tax: Telecommunication, Mining, and Renting for Business Use Now Taxable.</h1> The Finance Bill, 2007 proposes to expand the service tax base by including several new services. Telecommunication services are consolidated under a comprehensive definition, removing the requirement that recipients be subscribers. Mining services now cover both exploration and exploitation of minerals, oil, and gas. Renting of immovable property for business use becomes taxable, excluding residential and certain other uses. Services in works contracts, excluding specified infrastructure projects, are also taxable. Content development for telecommunications and advertising, asset and portfolio management by non-banking entities, and various design services are newly categorized for service tax.