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This budgetary proposals would be applicable from 1 April 2012 to 31 March 2013.

FM to present Union Budget today

16-Mar-2012, 09:54

The much-awaited Union Budget of India 2012-2013 will be presented by the Finance Minister-Pranab Mukherjee in the Parliament today, 16 March 2012.

Whether Pranab Mukherjee will be able to control the inflation, boost the economic growth and reduce the fiscal deficit through this budget remains a big question. One of the highly expected proposal in this budget is the raise of income tax exemption limit to at least Rs 2 lakh. This budgetary proposals would be applicable from 1 April 2012 to 31 March 2013.