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List of Relief Hike and Schemes undertaken in Union Budget 2016-17
- No Service Tax for houses built under 60 square metres.
- 1% tax hike on petrol and CNG
- 2.5% tax hike on Diesel
- 13 different ceases levied by various ministries with collections less than Rs.50 crore a year to be done away with.
- Rs. 1,060 crore revenue loss through direct tax proposals.
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