Dream Budget

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The Union Budget of India for the year 1997-98, presented on February 28, 1997 by the Finance Minister of India P. Chidambaram, was termed by the Indian media as the Dream Budget.[1] The budget is attributed for laying down the road map for economic reforms in India. The highlights of the budget were the lowering of Income Tax rates, removal of the surcharge on corporate tax, and reduced corporate tax rates.[2]

[edit] References

  1. ^ Swaminathan S. Anklesaria Aiyar, M. K. Venu. "Tenth year after that 'dream budget'", The Economic Times, 2007-01-30. Retrieved on March 1, 2007.
  2. ^ Budget Highlights. Ministry of Finance, Government of India. Retrieved on March 1, 2007.

[edit] External links

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