 "Budget 2007: Cameras")
Good news for photographers and people dealing in digital cameras. The basic on the digital cameras have been reduced from 12.5% to 10%, which will translate to a more competitive pricing in the camera segment.
However, since the EDU CESS has gone up, the difference may not exactly translate to a complete 2.5% drop. Instead, the drop would be more like 1.5% to 2%.
Advertisement
 "Are you liable to pay tax if you have claimed education cess? All you need to know")
 "Centre cuts windfall tax on oil producers; hikes duty on ATF, diesel exports")
 "Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel")
 "Union Budget 2022: Important terms you may find handy ahead of Nirmala Sitharaman's speech")
 "Are you liable to pay tax if you have claimed education cess? All you need to know")
 "Centre cuts windfall tax on oil producers; hikes duty on ATF, diesel exports")
 "Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel")
 "Union Budget 2022: Important terms you may find handy ahead of Nirmala Sitharaman's speech")