1997 Union budget of India
Submitted by | P. Chidambaram, Finance Minister |
---|---|
Presented | 28 February 1997 |
Parliament | Indian Parliament |
Party | United Progressive Alliance |
Website | http://indiabudget.nic.in |
‹ 1997 1998› |
The 1997 Union Budget of India, also called the Dream Budget by the Indian media, was presented on 28 February 1997, by Finance Minister P. Chidambaram in the Deve Gowda government.[1] The budget presented a road map for economic reforms in India and included lowering income tax rates, removal of the surcharge on corporate taxes, and reduced corporate tax rates.[2]
References
- ^ Swaminathan S. Anklesaria Aiyar; M. K. Venu (30 January 2007). "Tenth year after that 'dream budget'". The Economic Times. Retrieved 1 March 2007.
- ^ "Budget Highlights". Ministry of Finance, Government of India. Retrieved 7 June 2024.