n15 per cent salary hike as an allowance subjected to a maximum of
Rs. 2500 for public sector employees and raising subsidies for agriculture.
n10-25 per cent increase in taxes on imported liquor, tobacco, the
annual licence for motor vehicles, the Nation Building Tax and Value Added
Tax (VAT) for purchases in supermarkets, malls, hotels and restaurants.
nTo protect local manufacturers, taxes on imported leather, plastic,
metal, steel products, furniture, pharmaceuticals, biscuits, chocolates,
confectioneries, apparel and textile will be increased.
Most of these financial and budgetary proposals will be included in
annexures but not in the budget speech, a senior government official said.