{"id":280721,"date":"2019-07-06T06:44:24","date_gmt":"2019-07-06T06:44:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=280721"},"modified":"2019-07-06T06:46:21","modified_gmt":"2019-07-06T06:46:21","slug":"petrol-diesel-price-hiked-customs-duty-raised-on-75-items","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petrol-diesel-price-hiked-customs-duty-raised-on-75-items\/","title":{"rendered":"Petrol, diesel price hiked, customs duty raised on 75 items"},"content":{"rendered":"<p>The Modi 2.0 government\u2019s maiden Budget Friday hiked petrol and diesel prices, raised import duty on dozens of items and increased tax on the super-rich as it sought to spur growth through higher spending and sops for start-ups, housing and corporates. <\/p>\n<p>Presenting the Budget for 2019-20, Finance Minister Nirmala Sitharaman announced further opening up of aviation, insurance and media sectors to foreign investment while throwing a lifeline to the struggling shadow banks (NBFCs) to boost investment and lending in the economy. <\/p>\n<p>She made no changes to the income tax slabs but hiked surcharge on the super-rich. Those with a taxable income of Rs 2 to 5 crore will now pay 39 per cent tax while those with more than Rs 5 crore income would pay 42.47 per cent. <\/p>\n<p>\u201cThose in the highest income brackets need to contribute more to the nation\u2019s development,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Modi 2.0 government\u2019s maiden Budget Friday hiked petrol and diesel prices, raised import duty on dozens of items and increased tax on the super-rich as it sought to spur growth through higher spending and sops for start-ups, housing and corporates. Presenting the Budget for 2019-20, Finance Minister Nirmala Sitharaman announced further opening up of aviation, insurance and media sectors to foreign investment while throwing a lifeline to the struggling shadow banks (NBFCs) to boost investment and lending in the economy. She made no changes to the income tax slabs but hiked surcharge on the super-rich. Those with a taxable [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[147,130,179],"tags":[],"class_list":["post-280721","post","type-post","status-publish","format-standard","hentry","category-greater-kashmir","category-newspapers","category-oil-gas-greater-kashmir"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=280721"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280721\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=280721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=280721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=280721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}