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After a "disappointing" budget, the Consumer Electronics Traders and Manufacturers Association (CETMA), the apex body of electronics goods manufacturers in India, had to listen to more bad news today
Finance minister Jaswant Singh has ended his budget speech. Service tax has been increased from five per cent to eight per cent, even as 10 new items have been brought under the purview of the tax.
Broadcasters operating in India have sought relief from the government, including tax sops.
