Font Size 
Highlights of Union Budget 2006
ibnlive.com
Published on Thu, Jan 31, 2008 at 13:20, Updated at Fri, Feb 01, 2008 in section
Other stories in the section:
The Government is concerned about inflation but it is confident that it will not affect growth, said Chidambaram while presenting the Union Budget.
Page 8 of 9
Countervailing duty on most importsExcise duty on small cars reduced to 16 pcDuty on aerated drinks cut to 16 pcDuty on footwear priced between Rs 250 and Rs 750 down from 16 pc to 8 pcDuty on printing paper reduced to 12 pcImport duty on manmade fibre cut from 15 pc to 10 pcCustoms duty on packaging machines reduced from 15pc to 5 pc8 pc excise duty on packaged softwareExcise duty on compact fluorescent lamps cut from 16 pc to 8 pc Nil customs duty on set-top boxesDuty on instant food cut to 8 pcCess on domestically-produced petroleum crude raised from Rs 1800/t to Rs 2500/tEntire amount to be absorbed by oil producing companiesExcise duty on cigarettes increased by five per centMany tax exemptions in customs and excise to be removed barring SSI No change in rates of personal or corporate income taxesNo new taxes are being imposed
Tags: Union Budget, Highlights 
Total Comments: 0
Read Comment | Post Comment
Be the first to comment.