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1997 Union budget of India

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The Union Budget of India for the year 1997–98, also called the Dream Budget by the Indian media, was presented on February 28, 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

  1. ^ Swaminathan S. Anklesaria Aiyar; M. K. Venu (2007-01-30). "Tenth year after that 'dream budget'". The Economic Times. Retrieved 2007-03-01.
  2. ^ "Budget Highlights". Ministry of Finance, Government of India. Retrieved 2007-03-01.
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