2013 Union budget of India

The 2013 Union Budget of India was presented by Finance Minister, P. Chidambaram on 28 February 2013, 11 AM.

Salient features of the budget

 * Total expenditure of inr 16580000000000
 * Planned defence expenditure of inr 2030000000000
 * Education expenditure of inr 50000000000
 * inr 373300000000 was allocated for Ministry of Health & Family Welfare in the financial year 2014.
 * inr 35110000000 allocated to Minority Affairs Ministry.
 * inr 47270000000 allocated for medical education and research.
 * Allocation of inr 10000000000 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 inr 2500000000

Personal tax

 * There would be surcharges on the super rich (10% above whose income exceeding inr 10000000 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 It is also mentioned that this tax has been implied only for this financial year and may be withdrawn from next year onwards.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.