- No increase in personal income tax or corporate tax
- Service tax hiked to 12%; more services under its ambit
- Outlay for social sectors up; Bharat Nirman gets more money
- Sops for farmers; interest rate cut to 7% on agri credit
- Customs and excise duties reduced for several products
- No big-ticket reforms; not much done for infrastructure
Budget Proposals
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Updated on:
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Budget Proposals
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