Customs duty on 22 items to be reduced

February 28, 2015 12:24

Will abolish rich tax, additional surchage of 2% on super-rich
GAAR defers by two years; Markets rally; Sensex up 301 points at 29,521; Nifty gains 77 points at 8,921
Propose to exempt special additional duty on all items
Income tax on royaty fees to be cut from 25% to 10%

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