The Hindu : Saturday, March 01, 2003

Online edition of India's National Newspaper
Saturday, March 01, 2003

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Union Budget 2003 - 04
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World Cup 2003
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Singh presents growth-seeking budget
Fiscal dificit at 5.6 per cent of GDP in 2003-04; slippages in 2002-03; No surcharge for income below Rs. 8.5 lakhs; Standard deduction up for income below Rs. 5 lakhs; Tax relief for senior citizens; New pension plan; Central Sales Tax reduced to tw o per cent; Dividend tax on shareholders abolished; Capital gains exempt.

Thrust to farm sector, infrastructure
NEW DELHI, FEB. 28. The Union Finance Minister, Jaswant Singh's maiden budget for 2003-04, presented in the Lok Sabha today, weaves in many a relief for individuals and provides a renewed thrust to agriculture and infrastructure. Though financial ...

RBI cuts interest rate on savings
MUMBAI, FEB. 28. The Reserve Bank today reduced interest rate on saving accounts offered by banks and repo rate by 0.5 per cent in view of the Finance Minister, Jaswant Singh's budgetary announcement that small savings and PPF rate would be cut ...

A pat... and some heckling
NEW DELHI, FEB. 28. Always an exercise awaited with considerable anticipation, the curiosity value for the Union budget this time round was heightened by the persona of the man who was to hold centrestage for a couple of hours. The import of what ...

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