The Archive · 1931

The Indian Budget

The Indian "budget Simla, Sept. 29.

introduced into the Legislative Assembly this afternoon by Sir George Schuster, Finance Member.

He announced a tempora ary surcharge of 25 per cent. on all existing taxes except customs and export duties, He also announced that the Viceroy, Lord Willington, had volunteered a cut of 25 per cent. in his emoluments and that the members of the Viceroy's Council had similarly voluntered a cut of 15 per cent.

The Army reductions for next year amount: to four and a half crores of rupees and the Budget surplus for 1932-83 is estimated at five and a quarter crores of rupees.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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