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Written by Administrator
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Monday, 06 July 2009 17:31
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Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha.
* Sunset clause for Software Technology Parks of India (STPIs) extended by 1 year .
* Govt to spend Rs 120 cr in FY10 in unique ID
* Mobile phone accessories to become cheaper
* Customs duty on LCD panels cut from 10% to 5%
* Custom duty on set-top boxes is now 5%
* Set-top boxes to cost more
* Unique Identification ID project to tap private talent
* Rs 2,113 cr for IITs and NITs
* Fringe Benefit Tax to be scrapped
* Corporate tax unchanged
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