It is a good budget - Rahul Gandhi

Reacting to the 2012 Union Budget presented by Finance Minister Pranab Mukherjee, AICC general secretary Rahul Gandhi on Friday said it is a good budget.

Pranab Mukherjee announced tax relief for individual tax payers. Presenting Union Budget 2012-13 in Lok Sabha.

Presenting Union Budget 2012-13 in Lok Sabha, Mukherjee said income upto Rs 2 lakh would be tax free; income from Rs 2 to 5 lakh would be taxed at 10%; from Rs 5 to 10 lakh at 20%; and income above Rs 10 lakh would attract tax of 30%.