This publication highlights a range of pertinent issues primarily focusing on. Union finance minister arun jaitley presented union budget 201516 in the parliament. The 92 budget called for reduction in fiscal deficits. Till 2016, it was presented on the last working day of. Some of the challenges mentioned by the finance minister are. Below are the highlights of the union budget 201415.
Finance minister arun jaitley presents the union budget 201415 at the parliament. You would have got bored from budget announcements in televisions and newspapers, hence i am not going to get bored by going into much details. I would provide union budget highlights of 201415 in simple terms. The analysis which has been done by our team looks at both the macro implications of the proposals as well as the impact on various sectors. Key highlights of union budget 2014 related to personal. Dear professional colleague, the honble finance minister p. The union budget 20142015 aims to cater all groups of the society. Major highlights of union budget 201415, indian new budget 2014, budget highlights 20142015, budget features, budget news, budget notifications, major changes in budget 201415, budget documents, 201415 budget, budget speech, india budget 20142015. Major highlights of proposed tax slab for ay 201819.
This was the first budget of narendra modi led nda government. Highlights of 27 union budgets since the landmark of 1991 that ushered the era of economic liberalisation for india. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Union budget of india 201415 highlights and analysis. 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.
The government aimed at increasing tax and nontax revenues. 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. Highlights of union budget 201415 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness. Highlights of union budget 201415 pdf download highlights of union budget 201415 pdf download. Union budget 201415 10th july, 2014 economy at standstill industry national industrial corridor authority to coordinate the development of the industrial corridors psus capital investment of rs 2,47,941 crores in fy15 to create a virtuous investment cycle impact egovernance will usher in transparency and accountability in the government processes. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Important for competitive exams banking, insurance, ssc, upsc, clat, and other exams. Analysis of union budget 2014 15 linkedin slideshare. Following are the highlights of the union budget 201819. A detailed analysis of the union budget 201415 follows, with particular focus on. Highlights union budget 2018 2019 with pdf download. The following are the union budget 201415 highlights. Chidambaram presented the interim budget for the fiscal year 201415 on monday, february 17, 2014 to cover expenditure until.
Macroeconomic framework for the relevant financial year. Brief summary, financial, general, family, it latest update. Highlights of the interim union budget 201415 the state of world economy has been the most decisive factor affecting the fortunes of every developing country. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty. Highlights of budget 201415 budget highlights budget. Download pdf version of union budget 2019 highlights from here. The budget 202021 will be presented by finance minister nirmala sitaraman. We do hope to hence provide a comprehensive view of the budget which the reader should find useful.
Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. It was the first full year budget of the nda government under leadership of prime minister of narendra modi and the second budget of arun jaitley as finance minister. Union budget 201415 highlights the hindu businessline. As you all know that today our finance minister nirmala sitharaman declared union budget 2020. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following.
While making his maiden budget speech in parliament on july 10, the union finance minister. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Education cess to continue at 3% exemption under section 80c is raised to inr 1. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. 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.
Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Union budget 201415 banking, financial services and insurance july 2014. About the union budget 2014 finance minister arun jaitley presented the budget for 201415, against the backdrop of high inflation and the economic slowdown with the peoples expectations running high in prime minster narendra modis reformist credentials to restore confidence in indias economy. This is modi governments 6th union budget and 1st interim budget. The total expenditure as per union budget 201415 is rs. First budget of this nda government to lay down a broad policy indicator of the. Manmohan singh the budget aimed at near full employment in a span of ten years.
Growth in the third and fourth quarter of the current year is expected to be 5. Expenditure management commission has formed to oversee the management of expenses during the period. Highlights of union budget 201516 current affairs today. India budget analysis a change in direction deloitte. Union budget of india 201819 highlights pdf cracku.
You can check 100 key highlights of union budget 2020. Plan expenditure for the year 201415 will rs 5,55,322 crore. Indian finance minister arun jaitley presented the union budget 201415 today. Here we are providing all pdf s related to union budget 2020. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Union budget 2019 highlights pdf download gr8ambitionz. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and. Union budget 201415 india, indian union budget 201415. Take a look at the highlights of the budget 201415. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. His speech was marred by protests over the proposed division of a telangana state.
Union budget of india 201415 highlights and analysis clear ias. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. The union budget of india for 20142015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. The union budget of india for the financial year 201819 was presented to the parliament on 1 february 2018 by. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. This will be a critical budget as it would be the first non congress budget after more than a decade. Interim budget 2014 didnt had many policy announcements, as it was the budget of an outgoing government. Income tax rate cut to 5 pc for individuals having income between rs 2. The new government has unveiled the union budget 201415 with a. Union budget 201516 india, indian union budget 201516, pdf. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Below are the highlights of union budget for the financial year 201415 you can download the pdf version of union budget 201415 highlights from here.
For income tax facilitation, 60 new aykar seva kendras will be opened in 201415. We shall compare in our next post, the union budget of india 2014 15 with the interim budget presented by former finance minister p. So you can get more knowledge about the planning of government for this year. 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. Union budget 201516 india, indian union budget 201516. Interim budget vs union budget 201415 click to enlarge interim budget 2014 by p chidambaram and its shortcomings. People have voted for a change and india desires to grow. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014.
Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. Union budget 202021 india date and time, timings, income tax slab rate expectations. Upas interim budget 201415 vs ndas union budget 201415. Memorandum explaining the provisions in the finance bill, 2011. Here are the highlights of the budget presented by finance minister arun jaitley. India new budget 2014 date, highlights and expectations.
Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Warehousing infrastructure rs 5000 crores the finance minister said that increasing warehousing capacity for increasing shelf life of. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. This effort of care has been part of our tradition to provide this analysis as soon as possible after.
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