hiked excise duties by 2 per cent to 10 per cent on all non-oil products

 Budget for 2010-11: retained service tax at the level of 10 per cent. The tax was cut by two per cent from 12 per cent as part of stimulus.
              Services Tax by levelling both exise duty and service tax to 10 per cent.
Fiscal deficit :
     The fiscal deficit of 5.5 per cent of GDP in 2010-11 works out to Rs 3,81,408 crore.
     The actual net borrowing of the government in 2010-11 would be of the order of Rs 3,45,010 crore. 
     Total expenditure of Rs 11,08,749 crore,  which is an increase of 8.6 per cent over the total expenditure       in Budget Estimates of 2009-10, 
     The plan and non-plan expenditures in Budget Estimates in 2010-11 are estimated at Rs 3,73,092 crore and Rs 7,35,657 crore respectively.
    Budget Estimates for 2010-11, gross tax receipts are estimated at Rs 7,46,651 crore while the non-tax revenue receipts are estimated at Rs 1,48,118 crore.
    The Finance Minister proposed to reduce the current surcharge of 10 per cent on domestic companies to 7.5 per cent  
    But,raised the rate of Minimum Alternate Tax (MAT) from 15 per cent to 18 per cent of book profits.