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.
Source : TOI
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