1997 Union budget of India

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1997 Union budget of India
Emblem of India.svg
Submitted by P. Chidambaram, Finance Minister
Presented28 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 during the Deve Gowda government. [1] The budget presented a roadmap for economic reforms in India and included lowering income tax rates, removing the surcharge on corporate taxes, and reduced corporate tax rates. [2]

References

  1. Swaminathan S. Anklesaria Aiyar; M. K. Venu (30 January 2007). "Tenth year after that 'dream budget'". The Economic Times. Retrieved 1 March 2007.
  2. "Budget Highlights". Ministry of Finance, Government of India. Retrieved 7 June 2024.