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Hindustan Times
Hindustan Times Thursday, July 10, 2014 | Last Updated 13:29 IST 
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Budget 2014 live: Tax exemption limit raised by Rs. 50,000; Investment limit under 80C raised from Rs 1 lakh to Rs 1.5 lakh

Finance Minister Arun Jaitley with enters in 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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