union budget 2014

Clean vitality cess expanded from Rs 50/ ton to Rs 100/ton.
* Additional 5% extract expense to be imposed on circulated air through beverages with included sugar (icy beverages). Tobacco items likewise to get immoderate as extract obligation trekked to 72%
* Government advertises diminishment in extract obligation for determined sustenance bundle industry from 10% to 6%.
* Excise obligation on footwear lessened from 12% to 6%
* Government advertises measures to energize assembling of LCD/LED boards of Tvs.
* Housing advance discount to raised from Rs 1.5 lakh to Rs 2 lakh.
* Net impact of immediate duty recommendations is income misfortune of Rs 22,200 crore.
* Government proposes to expand speculation confine under Section 80c from Rs 1 lakh to Rs 1.5 lakh. (Read story here)
* Tax exception limit for little and peripheral, and senior citizens changed from Rs 2.0 to Rs 2.5 lakh. For senior natives, no expense for money up to Rs 3 lakh for every annu

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