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| Sri P Chidambaram, Union Finance Minister |
Tax credit of Rs. 2,000 for income upto Rs. 5 lakh; Surcharge of 10 per cent for taxable incomes above Rs. 1 crore, No review of tax slabs; Commodity transaction tax for non-agri commodity trading; Tax Deducted at Source to be fixed at 1% on land deals over Rs 50 lakh; 30% excise duty hike on SUVs; 6% excise duty hike on mobiles above Rs. 2,000
Tax credit of Rs. 2,000 for income upto Rs. 5 lakh
Surcharge of 10 per cent for taxable incomes above Rs. 1 crore, No review of tax slabs
Excise duty on SUVs to be increased to 30 per cent from 27 per cent, SUVs registered as taxis exempted
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