https://www.taxtmi.com/news?id=16 The Finance Bill, 2007 widens the service tax base by creating comprehensive heads: Telecommunication service merges several distinct telecom services and removes the subscriber-only recipient requirement; Mining service covers exploration and exploitation activities including outsourced and subcontracted mining work; and new services for renting of immovable property, the services portion of specified works contracts (with an optional composition scheme), development and supply of content, asset and fund management, and expanded design services are specified with defined inclusions and exclusions. en-us Wed, 28 Feb 2007 15:08:00 +0530 Sat, 23 Oct 2010 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16 The Finance Bill, 2007 widens the service tax base by creating comprehensive heads: Telecommunication service merges several distinct telecom services and removes the subscriber-only recipient requirement; Mining service covers exploration and exploitation activities including outsourced and subcontracted mining work; and new services for renting of immovable property, the services portion of specified works contracts (with an optional composition scheme), development and supply of content, asset and fund management, and expanded design services are specified with defined inclusions and exclusions. News - Wed, 28 Feb 2007 15:08:00 +0530 https://www.taxtmi.com/news?id=16