No new taxes in Tamil Nadu budget

An inside view of the new Tamil Nadu Assembly hall. Finance Minister K. Anbazhagan presented the 2010-2011 State Budget here on Friday

Tamil Nadu Finance Minister K. Anbazhagan on Friday presented a Rs. 3,396.45 crore deficit budget and refrained from imposing fresh taxes.

The Minister presented the State budget in the new Assembly-Secretariat complex on Omanthoorar Government Estate here on Friday.

Reduction in taxes on a variety of articles used by the common man was announced by the minister, who presented the fourth budget of the DMK government in the state.

The Vote on Account for 2010-2011 and Final Supplementary Estimates for 2009-2010 will be presented on March 26.

More details on the budget are awaited.