Budget 2012: Rise in service, excise tax would imply extra Rs 80-90 cr revenue VIDEO
Hitendra Dave, MD, Head of Global Markets, India at HSBC Limited says that there are reports that service tax, excise tax rates might be raised from 10-12 per cent, which would imply an additional Rs 80-90 cr tax revenue for the government. He also speaks about the liquidity cruch, borrowings and rate cuts by the RBI.
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Tags: Hitendra
Dave
HSBC
Budget
2012
Union
service
tax
excise
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