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| Random News Non-technology news that you feel members should know about. NOTE: Sources to be mentioned at the beginning of each post. |
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#1 (permalink) |
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In The Zone
Join Date: Nov 2005
Location: pune
Posts: 468
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http://www.expressindia.com/fullstory.php?newsid=82133 CHEAPERS,,,,,,,,,,,,,,,,,,, Customs duty on man-made yarn and poly-fibre cut to 7.5% No change in service tax rates Watch, umbrella duties cut to 5% Coking coal exempted from customs duty Excise duty on Pan Masala without tobacco as mouth freshners reduced from 66% to 45% Water purification devices, small and big, fully exempted from excise Bio-diesel to be fully exempted from excise duty Excise duty for plywood reduced from 16% to 8% Excise duty on cement cut to Rs 350 per tonne based on price Duty on farm sprinklers cut to 5 per cent from 7.5 Import duty on medical equipment cut to 7.5 per cent Duty on sunflower oil cut by 15% points Petroleum excise duty cut to 6 per cent Biscuits, food mixes, footwear to be cheaper DEARER ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Cigarettes, bidis will be more expensive Excise duty on cigarettes raised by 5 per cent Service tax extended to commercial rentals Import duty of 3 per cent on private aircraft Export duty of Rs 300 per tonne on iron ore Excise duty on cement sold for more than Rs 190 per bag raised to Rs 600 per tonne from 400 Set top boxes to become costlier Last edited by mkmkmk; 28-02-2007 at 03:19 PM. |
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#3 (permalink) |
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In The Zone
Join Date: Nov 2005
Location: pune
Posts: 468
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Why PC's Budget is bad news for IT, BPO companies
http://timesofindia.indiatimes.com/? http://timesofindia.indiatimes.com/W...ow/1699857.cms __________ good news for dvd writer and flash drive purchaser... Mobile phones would continue to remain cheap as the minister has decided to extend the customs duty exemption period on their import to June 30, 2009. To encourage indigenous development of hardware, the Finance Minister has exempted equipment like 'flash drive', DVD drive/writer from payment of excise duty. http://www.expressindia.com/budget07...&storyId=82133
Last edited by mkmkmk; 28-02-2007 at 04:55 PM. Reason: Automerged Doublepost |
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#4 (permalink) | |
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Alpha Geek
Join Date: Jun 2005
Location: Bengaluru
Posts: 539
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Prices reduced
Quote:
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Twitter @cgiridhar Moto Milestone | Rooted | Froyo | CM 6.1.0 AMD Phenom2 720 x3 BE | Gigabyte MA78G | WD 500Gb+Seagate 1TB ext | PSU Corsair vx450 | Corsair 2x2gb RAM | Bose Companion 5 |
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#5 (permalink) |
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a_g = JPKN
Join Date: Mar 2006
Posts: 5,049
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Thanks for telling the GOOD NEWS
can you give some info on any Cost Reduction for PC Peripherals (Gfx. Cards, Motherboards....)
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#7 (permalink) |
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Alpha Geek
Join Date: Jun 2005
Location: Bengaluru
Posts: 539
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I have no idea of how much cheaper it will be...me also trying to get hold of the news.....
regarding broadband....i dunno exactly...as the budget fineprint reads..."internet access to get cheaper"
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Twitter @cgiridhar Moto Milestone | Rooted | Froyo | CM 6.1.0 AMD Phenom2 720 x3 BE | Gigabyte MA78G | WD 500Gb+Seagate 1TB ext | PSU Corsair vx450 | Corsair 2x2gb RAM | Bose Companion 5 |
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#10 (permalink) |
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Welcome To The Jungle
Join Date: Jul 2006
Location: Living in a garbage can.
Posts: 626
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planning to buy few more umbrellas this summer. he he
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Me n My Canon EOS 350D with EF 50mm f1.8 |
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#11 (permalink) |
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Alpha Geek
Join Date: Jun 2005
Location: Bengaluru
Posts: 539
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__________________
Twitter @cgiridhar Moto Milestone | Rooted | Froyo | CM 6.1.0 AMD Phenom2 720 x3 BE | Gigabyte MA78G | WD 500Gb+Seagate 1TB ext | PSU Corsair vx450 | Corsair 2x2gb RAM | Bose Companion 5 |
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#12 (permalink) |
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Wandering in time...
Join Date: Nov 2004
Location: Delhi,India
Posts: 1,293
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There was a news clipping in HT which said that optical drives are set to cost more along with processors and other peripherals except motherboards...
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#13 (permalink) |
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Alpha Geek
Join Date: Feb 2006
Location: Hyderabad
Posts: 745
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It was a dry budget, nothing to write home about..
1. DVDs gonna cost less if they are made in India, as the Excise Duty has been reduced from 16% to 0%. 2. Petrol - duty cut by rs. 2. 3. Basic Exemption limit was increased by Rs. 10.000 effectively reducing tax by Rs. 1000/- but on the same footing Education Cess was increased from 2% of tax to 3% of tax. 4. Medical Insurance benefit was increased from current 10/15K to 15/20K
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Change is Nature, the part that we can influence; and it starts when we decide. Where you going? With Luck forward. |
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#14 (permalink) |
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Norms Buster
Join Date: Feb 2007
Location: Bangy
Posts: 317
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Even if there is a cut in taxes on Components/Devices, the manufacturers will never fully pass the price reduction to the end customers, they'll always try to pocket the Xtra bucks !!!
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#15 (permalink) |
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Alpha Geek
Join Date: Feb 2006
Location: Hyderabad
Posts: 745
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generally could be true where there is monopoly or very less competition. but where the competition is fierce they pass on most of the tax cuts.
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Change is Nature, the part that we can influence; and it starts when we decide. Where you going? With Luck forward. |
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