« Top Headlines » Open DEMAT Account in 24 hrs  Section 80D Tax Deductions: Your guide to Smart Healthcare investment  How do I claim tax exemption under 54F?  ITR filing: How income from stock market is taxed explained  Income Tax notice: 6 high-value cash transactions that can get you flagged by I-T dept «  No retrospective service tax on foreign roamers... Net direct tax receipts up 57.5%... » Draft circulars on service tax June, 20th 2007 The Finance Ministry on Tuesday came up with two draft comprehensive circulars on service tax that seeks to consolidate all service tax circulars and departmental instructions issued since 1994. Trade, industry and other stakeholders have been asked to submit their views on the two draft circulars one on the technical issues and the other on the procedural issues by June 29.