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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 two per cent; Dividend tax on shareholders abolished; Capital gains exempt.

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Stories in this Section

• Singh presents growth-seeking budget
• Thrust to farm sector, infrastructure
• RBI cuts interest rate on savings
• A pat... and some heckling

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