Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Gross domestic product gdp growth of india for 201516 projected between 8. Finance minister arun jaitley presented the union budget 201516 at the lok sabha on february 28, 2015. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. This document explains the key features of the budget, inter alia, indicating the prominent achievements in various sectors of the economy. The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Union budget 201516 summary download pdf published on sunday, march 01, 2015. Jul 10, 2014 the short term cooperative rural credit stcrc refinance fund was announced in union budget 200809 with initial corpus of rs 5,000 crore. Tax benefit on hiring on employees base also widened. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Download the pdf file of union budget 2014 15 highlights from here. Union budget of india 201415 highlights and analysis clear ias.
His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Dec 28, 2018 finance minister arun jaitley presented the union budget 2017, his fourth annual budget. F ollowing are the highlights of the union budget 201415 presented by finance minister arun jaitley in parliament on thursday highlights of the budget. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Finance minister arun jaitley presents the union budget 201415 at the parliament. The union budget 20142015 aims to cater all groups of the society with a. Union budget of india 201415 highlights and analysis. Dec 28, 2018 budget estimates nonplan expenditure estimates for the financial year are estimated at rs,12,200 crore. There has been a mix of both shortterm and longterm measures geared towards. Union finance minister p chidambaram presents the interim budget for 201415 in parliament today ahead of the lok sabha election. Macroeconomic performance as indicated above, the fundamentals have shown a significant improvement. Key features of budget 20142015 the current economic situation and the challengesthe state of world economy has been the most decisive factor affecting the fortunes of every developing country. Union budget 201415 highlights the hindu businessline.
Highlights of budget 201415 budget highlights budget. Highlights of union budget 201415 pdf download highlights of union budget 201415 pdf download. Indian finance minister arun jaitley presented the union budget 201415 today. The union budget 201415 was going to be a tough balancing act for finance minister mr. It also explains, in brief, the budget proposals for allocation of funds to be made in important areas. The economic survey for the year 201415 the survey based on developments of fy15, indicate an improvement in the macroeconomic fundamentals which is reflected both in temporal and crosscountry comparison. Education cess to continue at 3% exemption under section 80c is raised to inr 1. For income tax facilitation, 60 new aykar seva kendras will be opened in 201415. Jul 10, 2014 the following are the union budget 2014 15 highlights. In order to ensure increased and uninterrupted credit flow to farmers and to avoid high cost market borrowings by nabard, i propose to allocate an amount of rs 50,000 crore for stcrc fund during 201415. Finance minsiter arun jaitley introduced union budget 201516. Interim budget 2014 2015 live from parliament youtube. The highlights are as follows fiscal deficit is indeed daunting.
Jul 10, 2014 highlights of union budget 2014 15 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in pf and post office ac, arun jaitley says. Union budget 201516 india, indian union budget 201516, pdf. Plan expenditure is estimated to be rs 4,65,277 crore, which is very near to the r. The government aimed at increasing tax and nontax revenues. We shall compare in our next post, the union budget of india 2014 15 with the interim budget presented by former finance minister p. The 92 budget called for reduction in fiscal deficits. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness, current affairs. The government presents it on the first day of february so that it could be materialised before the beginning of new financial year in april. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Highlights of union budget 201415 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in pf and post office ac, arun jaitley says. Manmohan singh the budget aimed at near full employment in a span of ten years.
As per the service tax rules, the half yearly return was to be normally filed by october 25, 2012. Finance minister arun jaitley presents the union budget 2014 15 at the parliament. Union budget highlights budget 2015 arun jaitley speech budget 2015 highlights key budget. Finance minister arun jaitley on thursday presented the union budget for fiscal 201415 in the lok sabha. Limit on tax free investment in lic annuity plan or any. The union budget for 201516 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Along with the budget, he will present a voteonaccount to seek. Memorandum explaining the provisions in the finance bill, 2011. Chidambaram presented the interim budget for the fiscal year 201415 on monday, february 17, 2014 to cover expenditure until the governments term ends in may, 2014. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. The people are in no mood to suffer unemployment, inadequate basic amenities, lack of infrastructure and apathetic governance. Mock test series ias books ebooks pdf free submenu. For any further enquiries or guidance, please feel free to contact bvss expert committee at following link. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights.
If you continue browsing the site, you agree to the use of cookies on this website. It was a budget for corporates as corporate tax reduced from 30% to 25%. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. Among these sites, 24 are new ones 201415 land sale programme will include seven sites for commercialbusiness use and one for hotel only, providing a total floor area of about 230 000 square metres and about 1 100 hotel rooms. Union budget 201516 india, indian union budget 201516. Key highlights of union budget 2014 15 and direct tax proposals. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15. The total expenditure as per union budget 201415 is rs. The summary of tax proposals is also reflected in the document. Brief summary, financial, general, family, it latest update. Macroeconomic framework for the relevant financial year.
This publication highlights a range of pertinent issues primarily focusing on social. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. Country inno mood to suffer unemployment, inadequate basic amenities, lack of infrastructureand apathetic governance. As per new budget tax exemption limit for individual is raised to 2.
Jul 10, 2014 union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness, current affairs, current affairs important updates 11 comments sponsored links. Union budget of india 201819 highlights pdf cracku. Finance minister arun jaitley on thursday presented the union budget for fiscal 2014 15 in the lok sabha. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. The record of maximum presentations of budget 8 budgets and 2 interims was held by mr. Download the pdf file of union budget 201415 highlights from here. Arun jaitley, given the precarious state that the economy was in. Majority of people have demanded to increase tax exemption limit from 2 lac to 5 lac but tax limit was enhance only by 50,000 rs. Decisive vote for change represents the desire of the people to grow, free themselvesfrom the curse of poverty and use the opportunity provided by the society. Challenging situation due to sub five per cent growth and double digit inflation. Income tax rate cut to 5 pc for individuals having income between rs 2. The economic survey for the year 2014 15 the survey based on developments of fy15, indicate an improvement in the macroeconomic fundamentals which is reflected both in temporal and crosscountry comparison. A detailed analysis of the union budget 201415 follows, with particular focus on. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617.
Jul 15, 2014 further, assessees eligible to claim deduction under the existing threshold limit of rs. Till 2016, it was presented on the last working day of february. People have voted for a change and india desires to grow. The key features of the budget 274 kb, finance minister arun jaitleys budget speech 124 kb, budget at a glance 6 kb, finance bill 2015 364 kb and the macroeconomic framework satement 245 kb can be accessed here as pdf documents. According to the article 112 of the indian constitution, the government launches the annual financial statement, known as the union budget for that particular year. Free drug service and free diagnosis service to achieve health for all. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Below are the highlights of the union budget 201415. Those living below the poverty line are anxious to free themselves from the. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Following are the highlights of the union budget 201415 presented by finance minister arun jaitley in parliament on july 10, 2014 incometax exemption limit raised by rs 50,000 to rs 2. Here are the highlights of jaitleys budget for the fiscal year that begins on april 1. The union budget 201415 was going to be a tough balancing act for finance. The short term cooperative rural credit stcrc refinance fund was announced in union budget 200809 with initial corpus of rs 5,000 crore.
Union budget 201415 highlights pdf download gr8ambitionz. Finance minister mr arun jaitley in the budget 2014 15 salaried class tax breaks and increased the range of savings. Mar, 2018 following are the highlights of the union budget 2014 15 presented by finance minister arun jaitley in parliament on july 10, 2014 incometax exemption limit raised by rs 50,000 to rs 2. Union budget 201415 india, indian union budget 201415.
Finance minister arun jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. The following are the union budget 201415 highlights. Union budget 201415 india, indian union budget 201415, pdf. Total expenditure has accordingly been estimated at rs 17,77,477 crore. The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Highlights of union budget 2014 parti yahoo news india. Major highlights of proposed tax slab for ay 201819. The union budget of india, also referred to as the annual financial statement in the article 112 of the constitution of india, is the annual budget of the republic of india.
Key highlights of union budget 201415 and direct tax proposals. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. However, the budget also proposes free medicines for all and long term. While the fm touched upon the need for capital infusion in psu banks, the figure of rs,400 crore allocated this year was much lesser than rs15,800 crore the previous year. Medium term fiscal policy cum fiscal policy strategy statement.
The finance minister also hiked the defence budget from rs 16,350 crores to rs 17,500 a steep rise of 7%. Union budget 201516 summary download pdf bankexamstoday. Highlights of finance minister arun jaitleys budget speech. Here are the highlights of the budget presented by finance minister arun jaitley. Highlights of the union budget 2014 15 presented by finance minister arun jaitley in the parliament on july 10, 2014. Key highlights of union budget 2019 in the defence sector here are the significant budget allocations of the recently released union budget 2019 for the defence section. Having covered the economic survey 2014 in our last post, in this post let us see the highlights of the first budget of narendra modis government. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015.
65 395 1051 436 1336 852 813 662 1192 104 681 545 741 609 302 1321 700 499 782 797 447 1351 1201 921 70 15 242 1012 1089 721 1262 452 1205 476 814 768 1451 1272 952 1323 606 480 650 597 449 75 1366 676