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| BUDGET 2012 |
 | News | Market | Portfolio | Messages |
| SENSEX | 19,245.70 |  22.42 |
| NIFTY | 5,822.25 | 8.65 |
| Go to Moneycontrol Home |
| BUDGET HIGHLIGHTS |
| Exemption limit for the general category of individual taxpayers enhanced to Rs 2,00,000 |
| Service tax rate raised from 10% to 12% |
| Standard rate of excise duty to be raised from 10% to 12% |
| more |
| personal finance |
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| BUDGET FLASHES |
| Raise customs duty on some vehicle imports to 75% from 50% |
| Branded silver jewellery exempt from excise duty |
| 10% advalorem duty on cigarettes |
| more |
| BUDGET INTERPRETATIONS |
| Pharma sector be affected by increase in excise duty rates |
| Duty rate hikes to adversely affect common man |
| Excise hike on beedi, other tobacco products; positive for ITC |
| more |
| SECTOR IMPACT |
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Finance - General:Budget Impact STT reduced to 0.01% +ve IIFL, JM Financia, Edelweiss Cap, Motilal |
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Cigarettes:Excise hike on Beedi, Other Tobacco products positive for ITC |
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Power - Generation/Distribution:LNG Exempt from customs positive Power |
| more |
| BUDGET POLL |
| Q | Will finance minister P Chidambaram give in to long-standing public demand and raise I-T exemption limit from 2 lakh to 3 lakh a year? |
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| Budget 2012 | |
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