« Top Headlines » Open DEMAT Account in 24 hrs  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  Now chit funds to pay service tax... Govt to introduce biometric PAN cards... » Govt gives service tax relief to tour operators August, 25th 2007 Giving relief to tour operators, the government today increased the rate of abatement to 75 per cent from 60 per cent for the purpose of levy of service tax. As a result of the notification (issued today), the tour operator is required to pay service tax only on 25 per cent of the gross amount charged on such package tour, an official release said. Earlier, the tour operators were required to pay service tax on 40 per cent of the gross amount including cost of accommodation, food, transport arrangement, tourist guide, entry to monuments and other expenses. The government has issued notification after a presentation made by tourism minister ambika soni to the advisory committee on service tax abatement in mid-july. The committee after examining the request made by the tourism ministry recommended 75 per cent abatement on package tours. The indian association of tour operators (iato) has been demanding reduction in incidence of service tax to encourage tourism industry in the country.