• Pranab Mukherjee ends Budget speech by quoting the Mahatma
• Excise duty on fibre for cheaper cloth reduced
• Service tax to be levied on law firms
• Excise duty on petrol-driven small trucks reduced to 10%
• Exemption of duty on goods made at construction sites restored
• Drugs for heart diseases to become cheaper
• Customs duty on gold and silver import increased
• Mobile phone accessories to become cheaper
• Branded jewellery for women to become cheaper
• Sensex crashes 600 points
• Customs duty on bio-diesel reduced
• Small businesses exempt from advance tax
• Custom duty on LCD panels halved
• Set-top boxes to cost more
• Anonymous funds to charitable bodies to get some tax relief
• Commodities Transaction Tax to be scrapped
• MAT hiked to 15% of book profit
• Fringe Benefit Tax to be scrapped
• 10 pc surcharge on personal income tax scrapped

MORE...