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首页> 外文期刊>Textile India progress >Government Of India Accepts Textile India Progress Suggestions And Reduces Across The Board Excise Duty-textile India Progress Further Urges Prime Minister To Remove Excise Duties On All Textile Products
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Government Of India Accepts Textile India Progress Suggestions And Reduces Across The Board Excise Duty-textile India Progress Further Urges Prime Minister To Remove Excise Duties On All Textile Products

机译：印度政府接受印度纺织业的进步建议并全面削减消费税印度纺织业的进步进一步敦促总理取消所有纺织品的消费税

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In a bid to minimize the impact of the global slowdown on the Indian economy, the Union Government on 7th December, 2008 unveiled a "multi-dimensional" fiscal stimulus package that is expected to help boost output across sectors and stoke growth. The measures include an additional Plan expenditure of upto Rs 20,000 crore this fiscal, an estimated excise duty give-away of Rs 8,700 crore, a 2 per cent interest subvention for the labour-intensive export sectors and steps for improving the financing environment for infrastructure projects. Mr Montek Singh Ahl-uwalia, Deputy Chairman of Planning Commission addressing a press conference in New Delhi, soon after announcing the decision, stated "We will make special efforts to ensure that not only the additional expenditure of Rs 20,000 crore is spent this year, but even what has been budgeted is actually spent to support the growth". On the excise duty front, the Government has effected an across-the-board cut of 4 percentage points in the ad-valorem cenvat for the remaining part of the current fiscal on all products other than petroleum and those where the current rate was below 4 per cent. Prior to the latest change, the three main ad-valorem excise rates applicable on non-petroleum products were 14 per cent, 12 per cent and 8 per cent.
机译：为了最大程度地降低全球经济放缓对印度经济的影响，联邦政府于2008年12月7日推出了“多维”财政刺激计划，有望刺激各部门的产出并促进增长。这些措施包括本财年的计划支出增加到200亿卢比，估计的消费税赠予额为870亿卢比，为劳动密集型出口部门提供2％的利息补贴，以及改善基础设施项目融资环境的步骤。计划委员会副主席Montek Singh Ahl-uwalia先生在宣布这一决定后不久在新德里的一次新闻发布会上说：“我们将做出特别的努力，确保不仅今年花费了20,000亿卢比的额外支出，但即使是已预算的资金实际上也被用于支持增长。”在消费税方面，政府对本财年的剩余部分，对除石油和当前税率低于4的所有产品的从价定额税全面削减了4个百分点。百分。在进行最新更改之前，适用于非石油产品的三个主要从价消费税率为14％，12％和8％。

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