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Central excise duty News
​Highlights: 2012/13 Budget presented to parliament
Big tax hikes done, fuel next
Central excise duty rate up to 12%; 17 services on negative list; STT cut 20%, QFIs allowed access to corporate bond market Finance Minister Pranab Mukherjee on Friday unveiled a range of new taxation measures to mop up net additional revenue of Rs 41,440 crore, the highest by him in any of his Budgets since 2009. In his Budget for 2012-13, presented to Parliament amid hope of reforms after a year
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