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Mar 02, 2015
Jaitley's tax gimmick: Budget 2015 gives tax benefit of only Rs 52,221, not Rs 4.44 lakhThe finance minister Arun Jaitley during the course of his budget speech today remarked: “After taking into account the tax concession given to middle class tax payers in my last Budget and this Budget, today an individual tax payer will get tax benefit of Rs 4,44,200.”
Mar 01, 2015
Budget 2015: Tablets, shoes to get cheaper but drinks, night outs to get expensiveLike in the past the levy on tobacco products has been hiked, making it more expensive for smokers and other tobacco product users. Excise duty on cigarettes has been increased by 25 percent for cigarettes of length not exceeding 65 mm and by 15 percent for cigarettes of other lengths. This is the fourth consecutive budget which has raised excise duty on tabacco by more than 18 percent hike in duty.