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Budget 2011 Highlights: Tax Impacts & Key Issues

Discussion in 'Technical Analysis' started by jreshu, Feb 28, 2011.

  1. jreshu

    jreshu New Member

    Feb 26, 2010
    Likes Received:

    • http://accurate-sureshot-stock-tips.blogspot.com/
    • Centre's net borrowing figure for 2011-12 fixed at Rs 3,43,000 crore; fiscal deficit figure at Rs 4,12,000 crore
    • Cement excise duties will be shifted to valorem basis from specific duty now
    • Loss on direct tax reliefs at Rs 11,500 crore; gain on indirect tax changes at Rs 11,300 crore
    • FM says no need to remove stimulus package at this stage, but will withdraw excise exemptions

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