Budget Reactions: Service tax hike a dampener for infra, says Simplex Infra

The only dampener for the infrastructure sector would be the increase in the service tax from 10–12% & and hike in excise duty to 12%, this negatively affects the growth prospects of the sector and can further result in higher costs for us.

March 17, 2012 / 15:24 IST

By Amitabh Das Mundhra, Director, Simplex Infrastructures Ltd

We welcome the slew of incentives announced by Hon

first published: Mar 17, 2012 03:15 pm

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