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Budget 2012: It's not time to raise excise and service tax, says CII

The Finance Minister Pranab Mukherjee will present his Budget 2012 tomorrow. He is expected to hike excise and service tax. In an interview to CNBC-TV18, B Muthuraman, president of Confederation of Indian Industry (CII) says, this is not the time to raise excise and service tax because the industry has not been doing well.

March 16, 2012 / 08:57 IST
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The Finance Minister Pranab Mukherjee will present his Budget 2012 tomorrow. He is expected to hike excise and service tax.

In an interview to CNBC-TV18, B Muthuraman, president of Confederation of Indian Industry (CII) says, this is not the time to raise excise and service tax because the industry has not been doing well.

TAGS: #B Muthuraman #Budget #Confederation of Indian Industry #Economy #Finance Minister #Pranab Mukherjee
first published: Mar 15, 2012 08:42 pm

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