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Indias Finance Minister P Chidambaram presented the Union Budget 2013-14 in Parliament on February 28, 2013

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No revision in Income Tax slabs

Surcharge of 10% would be imposed on those earning over Rs 1 crore in a year, for 2013-14
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Rs 1 lakh additional exemption for upto Rs 25 lakh home loans

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DEFENCE

Total allocation Rs 2,03,672

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Health

Total allocation

Rs 2,03,672 crore

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Special focus on medical education, training and research

New National Health Mission to get Rs 21,239 crore

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Education
Total allocation Rs 65,867

crore

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SSA gets Rs 27,258 crore

Ssa GETS

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Mid-day meal programme gets Rs 13,215 crore

Agriculture
Total allocation Rs 27,049

crore

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For Women
An all-women bank by November 2013 with an initial capital of Rs 1,000 crore Rs 1,000 crore Nirbhaya Fund, named after Delhi gangrape victim, to empower women

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For Youth

Rs 1,000 crore for skill development of 10 lakh youth to enhance their employability
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SUVs, imported cars to be costlier

Excise duty increased on these vehicles from 27 to 30 per cent Excise duty constant for all other cars at 12 per cent
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Textile industry exempted from excise tax; cheers

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Gold import duty unchanged in this budget

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Need to encourage FDI, says Chidambaram

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Budget Impact on Sensex

Bombay Stock Exchange Sensex fell by 291 points to a 3month low post budget

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