Union Budget 2012-13: Excise Duty Adjustments Aim to Simplify Compliance, Boost Revenue, and Support Industries.

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....The Union Budget 2012-13 introduced adjustments to excise duties with the objectives of simplifying compliance, increasing government revenue, and supporting various industries. These changes were part of a broader strategy to streamline indirect taxes, aiming to enhance efficiency and economic growth. The modifications were designed to create a more business-friendly environment while ensuring that the government could meet its fiscal objectives.....