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Saturday, February 27, 2010

Highlights of 2010-11 budget presented by Finance Minister Pranab Mukherjee in parliament on 26th Feb' 10

Despite fuel price hike, Pranab Mukherjee managed to make both the salaried class as well as the entrepreneurs happy.Highlights of 2010-11 budget presented by Finance Minister Pranab Mukherjee in parliament Friday:-- Clean energy cess of Rs.50 per tonne on coal produced in India-- Concessional duty of 4 percent for solar power rickshaw developed by Council of Scientific and Industrial Research-- Concessional customs duty of 5 percent for cable TV operators for importing equipment-- Toys fully exempt from central excise duty-- Service sector tax retained at 10 percent to aid the introduction...
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