The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.
Tag: Clean Energy Cess
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Budget 2016-17: Clean energy cess doubled to Rs.400
Finance Minister Arun Jaitley has doubled the clean energy cess to Rs.400 per tonne of coal. He also introduced infrastructure cess on petrol, diesel and luxury cars.