Business Today Latest Budget 2013-14 Economic News
Business Today
Eye on the Economy

Though the hike in import duty in set-top boxes from four per cent to 10 per cent will put pressure on cable and DTH companies in the short-term, the long-term could see the emergence of a bunch of new entrepreneurs investing in set-top box business.

 
 
To curb the appetite for gold, Finance Minister P Chidambaram in Budget 2013 has proposed the introduction of inflation-indexed bonds or national security certificates.
The Finance Minister's decision to raise the excise duty to 30 per cent from the present 27 per cent will make SUVs a tad costlier.
 
 
Finance Minister P. Chidambaram has ignored most of the IT sector's direct tax requests in his budget for 2013/14.
Tax experts say Chidambaram has failed to take any major steps to improve India's tax regime in keeping with global best practices.
Indian commercial vehicle sector, which is going through a sharp slowdown, could not have asked for more from the Union Budget.
Advertisement