Excise Duty on 'Demerit' Goods Hiked as a Measure for Additional Resource Mobilisation

Last updated: 16 March 2012

The Union Budget 2012-13 proposes to increase excise duty on demerit goods such as certain cigarettes, hand rolled bidis, pan masala, gutka, chewing tobacco, unmanufactured tobacco and zarda scented tobacco. While presenting the Budget in Parliament today, the Finance Minister Shri Mukherjee pr

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