INDIAN BUDGET
DEFICIT ANTICIPATED (Rec. 12.45) NEW DELHI, Feb. 28. The Indian Finance Minister, Dr. John Mattaha, estimated a deficit of approximately £11,092,000 sterling at the existing level of taxation when he presented his Budget for the new financial year to Parliament to-day. The main features of the Budget were: Revenue for the next year estimated at £230,805,000 sterling and expenditure at £241,897,000. Defence services are estimated to cost £116,572,000 this year and £118,027,000 next year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19490301.2.35
Bibliographic details
Ashburton Guardian, Volume 69, Issue 119, 1 March 1949, Page 3
Word Count
76INDIAN BUDGET Ashburton Guardian, Volume 69, Issue 119, 1 March 1949, Page 3
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in