Multimedia

VCCircle Training

sector impact

IFSC
Boost growth by proposing tax exemptions/ concessional rates
Transportation
Certain existing service tax exemptions withdrawn
Electronics
Customs duty on finished goods increased and on components exempted (make in India)
Cigarettes
Duty rates increased
Housing
Low cost housing projects encouraged
Healthcare
Indirect tax benefits proposed - reducing cost of treatment for grave/ terminal diseases
Energy
Transmission of power will be eligible to claim additional depreciation
E-commerce
Equalization levy on non-residents proposed (though in line with international developments)
Infrastructure
Massive investment planned
Cement
Excise on Ready Mix Concrete manufactured at site exempted
Auto component
Possible spill-over negative effect due to impact in auto – 4 wheelers