https://www.taxtmi.com/news?id=1106 The budget pursues fiscal consolidation through a partial rollback of stimulus-restoring excise rates and broadening service tax-while mobilising revenue via a disinvestment plan and spectrum auction to reduce fiscal deficits and free funds for private investment. It couples consolidation with higher allocations to agriculture, rural employment and social sectors, increased farm credit and concessional lending, and enhanced state transfers, alongside tax relief for households and commitments to implement the Direct Taxes Code and a national goods-and-services tax. en-us Wed, 10 Mar 2010 18:59:40 +0530 Wed, 10 Mar 2010 18:59:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1106 The budget pursues fiscal consolidation through a partial rollback of stimulus-restoring excise rates and broadening service tax-while mobilising revenue via a disinvestment plan and spectrum auction to reduce fiscal deficits and free funds for private investment. It couples consolidation with higher allocations to agriculture, rural employment and social sectors, increased farm credit and concessional lending, and enhanced state transfers, alongside tax relief for households and commitments to implement the Direct Taxes Code and a national goods-and-services tax. News - Wed, 10 Mar 2010 18:59:40 +0530 https://www.taxtmi.com/news?id=1106