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Wednesday, March 5, 2008

Highlights of 2008 Budget....Part V


-Excise duty of Rs 4.6/litre on unbranded diesel
-Excise duty of Rs 1.35/litre on unbranded petrol
-Two and three wheelers to cost less
-NO FBT on creche, employee sports facilities
-Excise on small cars cut to 14%
-Prices of non-filter cigarettes to go up
-Reduce excise duties on anti-AIDS drugs
-Excise duty cut on wireless data cards
-Reduce duties on steel melting scrap, aluminum scrap
-Fully exempt duties on Set top boxes
-Duties on convergence products slashed to 5%
-Keeping inflation under check is the cornerstone of our policy: PC


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