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Submitted by | P. Chidambaram, Finance Minister |
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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 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]