NEW DELHI: capital market reforms and big subsidy cut were among proposals listed by Finance Minister Pranab Mukherjee on federal budget for 2012-13. The proposals will give some direct tax relief to individuals, even as eating out, buying luxury cars, air travel, availing some professional services and investing in gold jewellery will become costlier.
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There is not much inside the of economic reports until Wednesdays PPI and Thursdays CPI reports, so Europe will remain the main the focus and the stock market gets to trade itself recognizance.
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