Widely read:
When simplicity meets vision, transformation follows. On February 28, 1997, Finance Minister P. Chidambaram presented the "Dream Budget," a landmark reform that redefined India's tax landscape and revitalised its economic trajectory. By slashing income tax rates, streamlining corporate taxes, and introducing innovative schemes like the Voluntary Disclosure Scheme, the Budget inspired compliance, bolstered growth, and attracted investments. As India stood at the crossroads of its post-liberalisation era, the Dream Budget emerged as a blueprint for simplicity, fiscal prudence, and sustained progress, laying the foundation for a modern, globally competitive economy.
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