« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  AAR ruling needs to be reviewed... Finmin denies sops to Fab City semiconductor project... » Service tax mop-up to beat estimates September, 25th 2006 Revenue collections from service tax is expected to touch Rs 1,00,000 crore by 2007-08 and Rs 50,000 crore in 2006-07, as compared with the targeted figure of Rs 40,000 crore, according to an estimate by the Associated Chambers of Commerce and Industry of India (Assocham). The service sector has grown rapidly in the last two years and the trend will not only continue but also yield high revenue collections for the government, Assocham President Anil K Agarwal said. In 2003-04, revenue from service tax stood at Rs 7,750 crore, almost doubling to Rs 14,150 crore in 2004-05.