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Hindustan Times
Hindustan Times Thursday, July 10, 2014 | Last Updated 14:28 IST 
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Budget 2014 highlights: FM Arun Jaitley gives tax relief, promises higher growth

Finance minister Arun Jaitley enters the Parliament House to present Union Budget 2014-15 in New Delhi. (HT photo/Vipin Kumar)
India raised the FDI limit to 49% in insurance and defence as finance minister Arun Jaitley presented his maiden budget aimed at boosting growth to create millions of new jobs. Jaitley also promised a stable tax regime and the formation of a high-level committee to deal with retrospective taxation, but refused to change rules in such cases. Poll: On a scale of 0 to 5, how would you rate Arun Jaitley's budget?

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