news details |
|
|
| BUDGET –CHEAPER & COSTLIER | | | AGENCIES
New Delhi,Feb 28 : Announcing the Union Budget for 2011-12 fiscal, Finance Minister Pranab Mukherjee on Monday, proposed to put 1% excise duty on 130 items which were earlier exempted from it. He also proposed to hike base excise duty to 5%. The service duty and excise duty will continue to stay at 15%.
The list of the items that will become cheaper and dearer are as under:
Cheaper• Basic food
• Stainless steel
• Refrigeration system
• Mobile phones
• Agriculture machinery-Tractors
• Cement
• Gas dispensers
• Yarn/Raw silk
• LED lights
• Solar lanterns
• Solar module cells
• Hybrid fuel kits
• Bio-based Asphalt
• Printers
• Paper
• Battery driven vehicles
• Home loans
• Baby and Adult Diapers
• Sanitary napkins
• Homeopathic medicines
• Soap
• Cinematographic films • Ambulances
• Non-branded Gold/Silver Jewellery
• Medical syringes
• Some Electronic components
• Hosting Art Exhibitions
• Equipment used in building roads and Highways
• Pistachio nuts
• Incense sticks
Dearer• Branded garments
• Air travel (Rs 250 on international travel and Rs 50 on domestic travel)
• Gold
• Hotel accommodation charging tariff above Rs 1000
• Air-conditioned Bars
• Air conditioned private hospitals (Govt hospitals exempt)
• Life Insurance
• Legal services
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
|
|
STOCK UPDATE |
|
|
 |
| BSE
Sensex |
 |
| NSE
Nifty |
|
|
| |
CRICKET UPDATE |
|
|
|
|
| |
| |
|
|
| |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
