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ImageWeb freaks need to be cautious as the Budget 2008-2009 has not been favourable for the software industry.

During his Budget proposals in the Lok Sabha on Friday, Finance Minister P Chidambaram proposed raising the excise duty on packaged software from 8 per cent to 12 per cent.

The finance minister took this step to bring packaged software on par with customised software.
Image: Schoolchildren use a laptop to browse a new self-assesment tool in Hyderabad.
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