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* Revenue deficit for 2012-13 projected at Rs 1,85,752 crore.
* No change in corporate taxes but measures to enable them better access funds.
* Sale of residential property exempted from capital gains if invested in equity or equipment of an SME.
* New income tax slabs: Rs 5 lakh – Rs 10 lakh – 20%; above Rs 10 lakh – 30%.
* Total debt of the Centre will be 45 per cent of GDP.
* Service tax net widened, to include most sectors. Service tax raised to 12 pc from 10 pc. Freelancers in the film industry exempted from paying the service tax.
* Govt services, public transport exempt from service tax.
* Excise duty on large cars raised from 22% to 24%.
* Tax exemption of up to Rs 5,000 for health insurance for annual preventive health checkup.
* Proposal of 20% less tax on buying and selling shares.
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