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2013 Union budget of India

Government budget

Government budget

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 It is also mentioned that this tax has been implied only for this financial year and may be withdrawn from next year onwards.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

References

  1. (28 February 2013). "Union Budget 2013 Highlights: No revision in Income Tax slabs; surcharge on Super Rich". Zee News.
  2. "Union Budget 2013: Tech updates". [[The Times of India]].
  3. (28 February 2013). "Budget 2013: Highlights". Business Standard.
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