More Highlights of Indian budget (15):

February 29th, 2008 - 3:04 pm ICT by admin  


Tax-GDP ratio rises to 12.5 percent Tax exemption raised from Rs.110,000 to Rs.150,000

Sixth central pay commission to submit report by March

General central value-added tax rate slashed to 14 percent from 16 percent

Fiscal and revenue deficit pegged at 3.1 percent and 1.4 percent, respectively

Revenue deficit would be 1.4 percent against budget estimate of 1.5 percent

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