Friday 1 March 2013

BUDGET 2013-14 HIGHLIGHTS


Budget for 2013-14 presented in the Lok Sabha Thursday by Finance Minister P. Chidambaram. Few highlights are as under:
 
* No plans to revise direct tax rates * Surcharge of 10% on Rs 1 crore plus income earners.
* Rs 532 crore to make post offices part of core banking. 
* PSU banks to have ATMs at all their branches by March 31, 2014. 
* Rs 80,194 crore allocation for Ministry of Rural Development in 2013-14. About Rs 33,000 crore for MGNREGA.
* TDS of 1% on land deals over Rs 50 lakh, agricultural land exempted. 
* Commodity transaction tax introduced.
 
To view full highlights, please CLICK HERE.

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About Me

KARIMNAGAR, TELANGANA, India
Working as a Postal Assistant from March 28, 2011 Karimnagar Head Post Office and worked as Divisional treasurer for NFPE Union from February 03, 2013 to April 19, 2015.