2016-17 Union Budget:Highlights...
By: Team Ifairer | Posted: 29-02-2016
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-Infrastructure cess to be levied.
-No changes have been made to existing income tax slabs.
-Limited compliance window for domestic tax payers who have undeclared income.
-4% high capacity tax for SUVs.
-Committed to stable taxation regime. No more retrospective amendments.
-Excise duty on tobacco increased by 10-15 per cent.