Thursday, July 10, 2014

Union Budget 2014: Pay less for TVs and shoes, more for cold drinks and cigarettes

Propose increase in excise duty on tobacco products, and aerated water products with added sugar: Jaitley.
Tax proposals on indirect tax front would yield Rs.7,525 cr: FM.
To broaden tax base, negative list for service tax has been reviewed: FM.
FM announces measures to encourage manufacture of LCD/LED panels of TVs.
FM announces measures to boost domestic manufacturing sector; says the sector has been under stress.

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