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Budget 2014: Highlights
Finance minister P Chidambaram has rejected the charge of policy paralysis as he presented his interim Union Budget in Parliament on Monday. Here are the highlights of the vote on account 2014.
* Fiscal deficit for current fiscal to be 4.6%
* Revenue deficit estimated at 3% for current fiscal
* 140m people lifted out of poverty in last 10 years
* Excise duty on SUVs cut from 30 to 24%, in large and mid-segment cars from 27-24% to 24-20%
* Excise duty on small cars, motorcycles and commercial vehicles cut from 12% to 8%; appropriate cut to be done on chassis, trailers
* Fiscal deficit for current fiscal to be 4.6%
* Revenue deficit estimated at 3% for current fiscal
* Excise duty on SUVs cut from 30 to 24%, in large and mid-segment cars from 27-24% to 24-20%
* Excise duty on small cars, motorcycles and commercial vehicles cut from 12% to 8%; appropriate cut to be done on chassis, trailers
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