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Budget: What's cheaper, what's costlier
February 29, 2008
Web freaks need to be cautious as the Budget 2008-2009 has not been favourable for the software industry.
During his Budget proposals in the Lok Sabha on Friday, Finance Minister P Chidambaram proposed raising the excise duty on packaged software from 8 per cent to 12 per cent.
The finance minister took this step to bring packaged software on par with customised software.
Image: Schoolchildren use a laptop to browse a new self-assesment tool in Hyderabad.
Photograph: Noah Seelam/AFP/Getty Images
Also read: How the Budget is kept a secret, and the men behind it
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