• Vocational courses offered by institutes affiliated to the State Council of Vocational Training and testing activities in agriculture included in the negative list for service tax.
• Exemption of service tax on copyright on cinematography limited to films exhibited in cinema halls.
• Proposal to levy service tax on all air-conditioned restaurants.
• For homes and flats with a carpet area of 2,000sqft or more, or of a value of Rs 1 crore or more, rate of abatement reduced from from 75 to 70 per cent.
• Period of concession for specified part of electric and hybrid vehicles extended to March 31, 2015.
• Duty on specified machinery for manufacture of leather and leather goods, including footwear, reduced from 7.5 to 5%.
• Duty on pre-forms precious and semi-precious stones cut from 10 to 2%.
• Concessions to aircraft maintenance, repair and overhaul (MRO) industry.
• Duty on set top boxes increased from 5 to 10%.
• Duty on raw silk up from 5 to 15%.
• Duties on steam coal and bituminous coal equalised and 2% custom duty and 2% CVD levied on both kinds of coal.
• Duty on imported luxury goods such as high-end motor vehicles, motorcycles, yachts increased.
• Duty-free gold limit increased to Rs 50,000 for male passenger and Rs 1,00,000 for women.
• Relief to readymade garment industry. In cotton, zero excise duty at fibre stage also. In case of spun yarn made of manmade fibre, duty of 12%
• Handmade carpets and textile floor coverings of coir and jute totally exempted from excise duty.
• To provide relief to ship building industry, vessels exempted from excise duty. No CVD on imported ships and vessels.
• Specific excise duty on cigarettes increased by about 18%. Similar increase on cigars and cheroots
• Excise duty on SUVs increased from 27 to 30%. Not applicable for SUVs registered as taxies.
• Excise duty on marble increased from Rs 30 per square metre to Rs 60 per square metre.
• Proposal to levy 4 percent excise duty on silver manufactured from smelting zinc or lead.
• Duty on mobile phones priced at more than Rs 2,000 raised to 6%.
• MRP based assessment of branded medicament of Ayurveda, Unani, Siddha, Homeopathy and bio-chemic medicine to reduce valuation disputes.
A sum of Rs 9,000 crore towards the first instalment of the balance of CST compensation provided in the budget.