Union Budget 2014-15 Latest Business News
Govt surprises by keeping gold import duty at 10%

"Our expectations have not been met," said Pankaj Kumar Parekh, vice-chairman of the Gems and Jewellery Export Promotion Council, which groups more than 3,000 exporters. "We will take up the matter with the finance ministry."

While presenting the Budget for 2014-15, Jaitley proposed to increase the specific excise duty on cigarettes in the range of 11 per cent to 72 per cent.
These will come up under the Public Private Partnership (PPP) mode.
SBI was trading 2 per cent lower, while Indian Bank dropped 4.31 per cent on the BSE.
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