1.

Which of the following is not a highlight of the Union Budget 2012-13 ?

A. No change in rate of Corporate Tax
B. All types of loans up to Rs. 35 lacs will be given on 6% interest only
C. Service Tax raised from 10% to 12%
D. Fiscal Deficit is targeted at 5.1 % of GDP
E. Substantial increase in Defence Budget
Answer» B. All types of loans up to Rs. 35 lacs will be given on 6% interest only


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