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Budget 2014 discussion and highlights !

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 Excise duties on bikes/2 wheelers down to 8% #budget 2014

Excise duties on SUVs cut to 24% from 30% #budget 2014

Blood banks to be exempt from service tax –budget 2014

Excise duty on mobile handset to be 6 pc on CENVAT credit to encourage domestic production–budget 2014

Chidambaram has appealed to all political parties to pass GST and DTC.

Excise duty has been reduced from 12 per cent to 10 per cent for capital goods and consumer durables

Good news to say decrease in rates on vehicles and Appeal by chidambaram to pass GST and DTC after taking the opinion poll of professionals.

 

I jus wish to know: Dat reduced excise duties will encourage manufactures to produce more....rite ...but increase in fuel prices may reduce the demand....so is der any chance dat it would positively influence the exports...like exports may rise...
Relief given to automobile sector excise duty reduced from 12 to 10%

yes, i agree...I mean as if  increased production is not demanded by home market then manufacturers would try to export it

Excise duty on SUV'S reduced from 30 to 24% . Blood bank has been kept out of service tax ambit. No changes in slab rates under income tax Rs. 1000 crore added to nirbhaya fund for women enpowerment.


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