Union Budget 2012: Finmin may levy excise on exempt items

After levying 1% excise duty on the 130 exempt items in the Budget last year, the Finance Ministry is considering extending this to the remaining 240 items.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Economy

Feb 27, 2012, 11.57 AM | Source: CNBC-TV18

Union Budget 2012: Finmin may levy excise on exempt items

After levying 1% excise duty on the 130 exempt items in the Budget last year, the Finance Ministry is considering extending this to the remaining 240 items.

Like this story, share it with millions of investors on M3

Union Budget 2012: Finmin may levy excise on exempt items

After levying 1% excise duty on the 130 exempt items in the Budget last year, the Finance Ministry is considering extending this to the remaining 240 items.

Post Your Comments

Share Cancel

India Business Hour

Excerpts from India Business Hour on CNBC-TV18 Watch the full show ยป

After levying 1% excise duty on the 130 exempt items in the Budget last year, the Finance Ministry is considering extending this to the remaining 240 items.

CNBC-TV18 learns from sources that the Finance Ministry is also considering hiking the levy to 2% for the 130 items that were brought in the tax net last year.

Also Read

Budget 2012 for NRI: What to expect from FM

Will the FM deliver a positive surprise

Fiscal consolidation to be main Budget plank this yr

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Union Budget 2012: Finmin may levy excise on exempt items

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login