Monday, March 4, 2013

The 2013-14 budget

The 2013-14 budget highlights

1. Fiscal deficit limited to 5.2 % of GDP.

2. A 10 % surcharge on the super rich, having a taxable annual income of more than Rs 1 crore.

3. The education cess of 3 per cent will continue.
 
4. A Chennai-Bengaluru industrial corridor has been proposed with Japanese funding. 

5. To set up a government bank to be run for and by women .

6  “Nirbhaya fund” with Rs 2,000 crore. 

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