<h1>Major Highlights of Budget 2015-16</h1>
1) Reduction in rate of Corp. tax from 30% to 25% for next 4 years.
2) Increment in Service tax from 12.36% to 14 %
3) Increment in Excise duty from 12.36% to 12.50%.
4) Abolition of wealth tax. Instead increment in 2% additional surcharge on...