
*Excise duties on small cars reduced to 16%.
*No change in rates of personal income tax or corporate income tax.
*Duty on leather footware cut.
*Ninety-six per cent of the golden quadrilateral would be completed by June 2006 and the corridor would be completed by the end of 2008.
*Raised excise duty on cigarettes by five per cent :-((
*Fiscal deficit in 2006/07 likely to be 3.8 percent of GDP
*GDP growth likely to be 8.1 percent in 05/06
*Aims to raise power generation capacity by 15,000 megawatts by March 2007
Just in: Maruti cuts prices by 13-22k, and Hyundai by 23k for its Santro model..