• FY11 net service gains seen at Rs 3,000 cr
• Service tax to GDP ratio 1%
• Fresh services to be brought under service tax
• To waive excise duty on solar panels
• Service tax unchanged at 10%, to maintain stimulus
• Excise revenues up, to grow Rs 43,500 cr
• Customs duty on silver at Rs 1500/kg
• Uniform concessioanl duty of 5% on all medical appliances
• Excise duty on CFL halved to 4%
• Rs 50/ton cess on Indian coal
• Wide-ranging excise breaks
• Opposition walks out of Parliament
• Market responds positively, Sensex up 300 pts
• Increased excise duty on all non-smoking tobacco
• Excise on cigarettes to go up
• 5% import duty on crude petroleum restored
• To levy excise duty of Re 1/lt on petrol
• Growth incentives coming up
• Partial rollback of excise duty on cement
• Peak excise duty increased

MORE...