1) Union Budget
2012-2012 was presented by Finance Minister Sh. Pranab Mukherjee on 16th march
2012.
2) In the Budget
Estimates for 2012-13, the Gross Tax Receipts are estimated at Rs.10, 77,612
crore which is an increase of 15.6 per cent over the Budget Estimates .
3) GDP growth to
be 7.6 per cent (+ 0.25 percent) during 2012-13
4) Rajiv Gandhi
Equity Saving Scheme: to allow income tax deduction to retail investors on investing in equities
5) Rs.15,888
crore to be provided for capitalization of public sector banks and
financial institutions.
