The 1997 Union Budget of India, also called the Dream Budget by the Indian media, was presented on February 28, 1997, by Finance Minister P. Chidambaram in the Deve Gowda government. The budget presented a road map for economic reforms in India and included lowering income tax rates, removal of the surcharge on corporate taxes, and reduced corporate tax rates. References External links Official 97–98 Budget website Union budgets of India Economic history of India (1947–present) 1997 government budgets Gowda administration 1997 in Indian economy 1998 in Indian economy