• Exemption limit for the general category of individual taxpayers enhanced to Rs 2,00,000

• Service tax rate raised from 10% to 12%

• Standard rate of excise duty to be raised from 10% to 12%

• No change proposed in the peak rate of customs duty of 10 per cent on nonagricultural goods.

• For 2012-13, Rs 30,000 crore to be raised through disinvestment

• Reduction in securities transaction tax by 20 per cent on cash delivery transactions

• Rajiv Gandhi Equity Saving Scheme to allow for income tax deduction of 50 per cent to new retail investors, who invest upto Rs 50,000 directly in equities

• Pharma sector be affected by increase in excise duty rates

• Duty rate hikes to adversely affect common man

• Excise hike on beedi, other tobacco products; positive for ITC

• LNG exempt from customs duty; positive for GAIL and other gas dist cos, power cos and fert cos

• Basic exemption limit for individuals increased; savings to the extent of Rs 22,000 on income on Rs 10 lakh

• Introduction of negative service tax list to widen service tax net

• STT reduced to 0.01%; positive for IIFL, JM, Edel, Motilal

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• Raise customs duty on some vehicle imports to 75% from 50%

• Branded silver jewellery exempt from excise duty

• 10% advalorem duty on cigarettes

• Advolarom duty on some cigarettes

• Doubled custom duty on refined gold

• Excise duty on cigarettes raised

• Customs duty on non std gold raised to 10% from 5%

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