Managerial Economics - Fiscal Policy
Additional Resource Mobilization - Fiscal Policy
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Proposals to increase excise duty on ‘demerit’ goods such as certain cigarettes, hand-rolled bidis, Pan Masala, Gutkha, chewing tobacco, unmanufactured tobacco and zarda scented tobacco.
Additional
Resource Mobilization
Proposals to increase excise duty on ‘demerit’ goods such as certain cigarettes, hand-rolled bidis, Pan Masala, Gutkha, chewing tobacco, unmanufactured tobacco and zarda scented tobacco. Cess on crude petroleum oil produced in India revised to `4,500 per metric tonne. Basic customs duty proposed to be enhanced for certain categories of completely built units of large cars/MUVs/SUVs.
The above table indicates that the central outlay for year 2012-13. It is clear that the highest amount spent on energy which is the need of the hour followed by social services and transportation. But in other hand the amount spent on irrigation is very low.
Proposals to increase excise duty on ‘demerit’ goods such as certain cigarettes, hand-rolled bidis, Pan Masala, Gutkha, chewing tobacco, unmanufactured tobacco and zarda scented tobacco. Cess on crude petroleum oil produced in India revised to `4,500 per metric tonne. Basic customs duty proposed to be enhanced for certain categories of completely built units of large cars/MUVs/SUVs.
The above table indicates that the central outlay for year 2012-13. It is clear that the highest amount spent on energy which is the need of the hour followed by social services and transportation. But in other hand the amount spent on irrigation is very low.
Tags : Managerial Economics - Fiscal Policy
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