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        <h1>Finance Bill 2014: Excise Duty Reductions for Agriculture, Automobiles, and Energy; Increases for Tobacco and Copper Wires.</h1> The Finance (No. 2) Bill, 2014 proposes several changes in excise duty rates across various sectors. In agriculture, duty on certain machinery is reduced from 10% to 6%. For automobiles, parts of tractors are exempted from duty. The duty on winding copper wires is increased to 12%. Precious metals and certain textiles receive retrospective exemptions. Health-related items like DDT and HIV/AIDS drugs are exempted, while duties on cigarettes and tobacco products are increased. Electronics, renewable energy, and consumer goods see various exemptions and reductions. The energy sector benefits from reduced duty on branded petrol and exemptions for certain gases. Security and strategic purposes receive full exemptions for specific goods.

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