INDIA’S BUDGET.
SUBSTANTIAL SURPLUS. United Tress Assn. —Elec. Tel. Copyright. (Received March 1, J. 30 p.m.) LONDON, Feb. 28. The Times’ Delhi correspondent says that Sir James Origg, the Finuneo .Minister, has introduced the Budget. It anticipates a surplus of £ J .123,000 for the coining year, ot which £1,020,000 would he oil’s el. by income tax reduction. The export duly on rawskins would he abolished leaving a nominal surplus of £i5,000. Last year’s surplus enabled an allocation of £1,070,000 to tlic Bihar earthquake relief. If is anticipated Bint the H>3’i-3j surplus will he £2,880,000 owing to Improved customs revenue alter allowing for 1.1 ic pay out restorations, costing £BIO,OOO.
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Waikato Times, Volume 117, Issue 19514, 1 March 1935, Page 7
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109INDIA’S BUDGET. Waikato Times, Volume 117, Issue 19514, 1 March 1935, Page 7
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