Speaking exclusively to CNBC-TV18, CBEC chairman S Dutt Majumder said the board plans to wait for the July collection number before taking a call on any sort of an excise hike.
In an interview with CNBC TV18, revenue secretary Sunil Mitra, secretary of economics affairs R Gopalan, S Dutt Majumder, Chairman, CBEC and Sudhir Chandra, Chairman, CBDT analysed the budget in detail.