The 2013 Union Budget of India was presented by Finance Minister, P. Chidambaram on 28 February 2013, 11 AM.
Highlights
- Total expenditure of
- Planned defence expenditure of
- Education expenditure of
- was allocated for Ministry of Health & Family Welfare in the financial year 2014.
- allocated to Minority Affairs Ministry.
- allocated for medical education and research.
- Allocation of for Nirbhaya Fund to empower women and increase their safety
- Setting up a National Institute for Sports to train coaches in Patiala Punjab at a cost of
Personal tax
- There would be surcharges on the super rich (10% above whose income exceeding 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 It is also mentioned that this tax has been implied only for this financial year and may be withdrawn from next year onwards.
- No changes in personal income tax slabs. But a special redemption of Rs. 2,000 has been given for income group between Rs. 2 to 5 Lakhs.
References