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There would be surcharges on the super rich (10% above whose income exceeding ₹ 10 million (US$120,000) per year. It is also mentioned that this tax has been implied only for this financial year and may be withdrawn from next year onwards.
The Union Budget of India for 2012–2013 was presented by Pranab Mukherjee, on 16 March 2012, which was the 7th budget of his career. These budgetary proposals would be applicable for financial year 1 April 2012 to 31 March 2013. The Union Budget of India for 2013–2014 was presented by P. Chidambaram on 28 February 2013.
Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$32 billion) 2023-24 [1] Arunachal Pradesh ₹ 29,657 crore (US$3.4 billion) 2023-24 [2] Assam ₹ 321,000 crore (US$37 billion) 2023–24 [3] Bihar ₹ 261,885 crore (US$30 billion) 2023–24 [4] Chhattisgarh ₹ 121,500 crore (US$14 billion) 2023–24 [5] Delhi
“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...
2013 Aircel Chennai Open from 31 December 2012 to 6 January 2013. 3 January : First professional cricket match in the year 2013 and the 2nd ODI against Pakistan was played in the Eden Gardens, Kolkata in which India was defeated. 18-29 January:2013 Lusophony Games to be held in Margao, Goa. 31 January: 2013 Women's Cricket World Cup begin in ...
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
The Union Minister of Railways Shri Lalu Prasad giving finishing touches to the Railway Budget, 2004 - 2005 in New Delhi on July 5, 2004. Lalu Prasad Yadav, who remained Railways Minister from 2004 to May 2009, presented the railway budget 6 times in a row. In 2009, under his tenure a ₹ 108 billion (US$1.2 billion) budget was passed. [10]
The Fiscal Responsibility and Budget Management Bill (FRBM Bill) was introduced in India by the then Finance Minister of India, Yashwant Sinha [1] in December 2000. Firstly, the bill highlighted the terrible state of government finances in India both at the Union and the state levels under the statement of objects and reasons. [2]