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Budget Flashes

Interpretations

Sector Impact

Budget Flashes
 12:49  : Raise customs dutysome vehicle imports to 7550
 12:48  : Branded silver jewellery exemptexcise duty
 12:48  : 10 advalorem dutycigarettes
 12:47  : Advolarom dutysome cigarettes
 12:46  : Doubled custom dutyrefined gold
 12:46  : Excise dutycigarettes raised
 12:45  : Customs dutynon std gold raised to 105
 12:45  : Customs dutystd gold raised2 to 4
 12:43  : Duty reducedenergy saving lamps
 12:41  : Dutybicyclesbicycle parts reduced
 12:39  : Titanium dioxide customs duty cut to 7510
 12:39  : Automated shuttle looms exemptedcustoms duty
 12:38  : Full exemptionimported equipments for road construction projs
 12:37  : Thermal power co exemptedcustoms duty for 2 yrs
 12:37  : Importaircraft parts exemptbasic customs duty
 12:35  : Exemptioncustoms duty5equipment for fert plants
 12:33  : No change"peak ratecustoms duty10non-agri goodsexcept few exceptions
 12:33  : No change"peak customs rate10
 12:32  : Large cars duty raised22 to 27
 12:32  : Excise duty raised to 1210
 12:32  : Rs 18,660 cr addl revenues expectedsvc tax hike
 12:31  : Propose to hike service tax rate10 to 12
 12:30  : Propose to set up-common tax code for service tax excise
 12:29  : Common 1 page return for exciseservice tax
 12:28  : Propose to exempt service taxcopyrightcinematographic films
 12:27  : Govt serviceseducationentertainmentpublic transport exemptedservice tax
 12:26  : Negative list to include pre schoolhigh school educationentertainment services
 12:26  : All services to be taxed except those"negative list
 12:25  : Direct tax proposals to cause net revenue lossRs 4,500 cr
 12:23  : STT cut0125 to 01

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