As India watched the Finance Minister's monetary moves, did he surprise or deliver just as predicted?
Excise duty on Cigarette increased by 18%
6% percent duty on mobile phones that cost above Rs 2000
Eating out to get more expensive. All A/C restaurants will have to pay service tax.
100% custom duty on luxury cars
4% duty on silver
Duty on set top box to be increased
TDS at 1 per cent on properties being sold for more than Rs 50 lakh.
No excise duty for handmade carpets of choir and jute.
Vocational courses and testing activities in relation to agriculture to be exempt of service tax.
To reduce abatement rates on luxury apartments.
Lower Securities Transaction Tax on mutual funds
Duty-free gold limit raised
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