ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Budget and the Economy

The features of the Budget for 1982-83 which are worth noting are the following: (1) The attempt to bring in some progression within the regime of indirect taxation by exempting articles of 'mass consumption' and, on the other hand, by sharply increasing the rates on articles 'favoured by affluent sections'.

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