Budget 2014 discussion and highlights !

Page no : 3

Niyati (Student) (6202 Points)
Replied 17 February 2014

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

Niyati (Student) (6202 Points)
Replied 17 February 2014

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

anu (service) (2847 Points)
Replied 17 February 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

1 Like

CA SUKSHAM ARORA (CA) (569 Points)
Replied 17 February 2014

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

CA Vikas Kumar Sharma (CA) (494 Points)
Replied 17 February 2014

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

Nagam saisameer (CA FINAL ) (170 Points)
Replied 17 February 2014

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.

darshini (-) (30 Points)
Replied 17 February 2014

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...

abhishek (student) (37 Points)
Replied 17 February 2014

Relief given to automobile sector excise duty reduced from 12 to 10%

CA SUKSHAM ARORA (CA) (569 Points)
Replied 17 February 2014

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

CA SANJEEV CHAWLA (AUDIT INCHARGE) (25 Points)
Replied 17 February 2014

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.