Author : EconomyWatch

Duty on major bulk plastics like PVC, LDPE and PP from 10 per cent to 5 per cent. Simultaneously, the duty on naptha for plastics will be reduced to...

The duty on primary steel is at 5 per cent . The duty on alloy steel and primary and secondary non-ferrous metals from 10 per cent to 7.5 per...

Full exempt from excise duty DVD Drives, Flash Drives and Combo Drives. levy an excise duty of 16 per cent and, at the same time, reduce the customs duty...

The duty on mineral products is now 15 per cent is reduced to 5 per cent, with a few exceptions. Reduction in duty on ores and concentrates from 5...

Record breaking performance in first nine months of Current Financial Year No increase in Passenger Fares Superfast charges on Monthly and Quarterly Season Tickets reduced Reduction in First And...

EFFECT OF BUDGET ON DIFFERENT SECTORS Peak import duty cut to 12.5% from 15% STT hiked by 25% from existing levels EFFECT OF BUDGET ON DIFFERENT SECTORS Peak import...

Cut in Customs duty   tax breaks on investments in infrastructure.   Withdrawal of fringe benefit tax (FBT) in the forthcoming Budget.   The FBT should be modified and...

Pre-Budget Discussions FINANCE MINISTER WITH TRADE UNION LEADERS: Pre-Budget Discussions FINANCE MINISTER WITH TRADE UNION LEADERS:The Union Finance Minister Shri P. Chidambaram met the major trade union leaders, here...

To make India a manufacture base of Cars Finance minister has removed the excise duty on cars from 24 percent to 16 percent. The reduction is for smaller cars...

It has been predicted by the Chinese central government that China budget deficit is likely to be 245 billion yuan or USD$31.6 billion in the year 2007. China budget...