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MY BUDGET: Abhijeet Sawant, Indian Idol

Team BS Mumbai
What did you think of the Budget?
 
It's good. I am glad excise duty on cigarettes has been increased.
 
How will it impact you professionally?
 
The exemption of excise duty on floppy discs will be beneficial in our recordings.
 
How will your industry respond?
 
Artists will increase their fees since event management has been brought under the service tax net.
 
And on a personal level?
 
(Laughs) I'll splurge on shoes since excise duty on footwear has been reduced to 8 per cent. I will be careful with ATMs since they have been cast under the service tax net. I bought a car recently; I should have waited since duty on small cars has been reduced to 16 per cent.
 
Will your parents be happy with the Budget?
 
My mother will be happy since there has been no increase on domestic LPG. My parents will be glad that no new taxes have been introduced.
 
Abhijeet Sawant, Indian Idol

 

 

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First Published: Mar 01 2006 | 12:00 AM IST

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