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Scrap FBT & Lower Service Tax rates
by pappu venkateshwarrao on Feb 19, 2007 05:48 PM

Reducing the petroleum prices is not enough to contain the inflation & prices of essential commodities.The Finance minister should focus onscraping the fringe benefit Tax which is nothing but levy of tax on expenditure which is totally unjustified. Similarly the rates of service tax should be lowered to atleast 10%

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