Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Arun jaitley, given the precarious state that the economy was in. 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. Major highlights of proposed tax slab for ay 201819. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Jul 10, 2014 the following are the union budget 201415 highlights. Highlights of finance minister arun jaitleys budget speech. Union budget 201415 highlights the hindu businessline. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. Download the pdf file of union budget 2014 15 highlights from here. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. The union budget for 2014 15 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Finance minister arun jaitley on thursday presented the union budget for fiscal 2014 15 in the lok sabha. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Highlights of budget 201415 budget highlights budget. The union budget 20142015 aims to cater all groups of the society. According to article 112 of the indian constitution, the union budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2.
Pwc union budget 202021 economic performance section 3 8. The union budget 201415 was going to be a tough balancing act for finance. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Union budget 201516 india, indian union budget 201516, pdf. Key highlights of union budget 201415 and direct tax proposals. India budget 202014 highlights key features of budget 202014. 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. Finance minister arun jaitley on thursday presented the union budget for fiscal 201415 in the lok sabha. General budget 201415 highlights click the links below download pdf, alternative link. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. 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. Medium term fiscal policy cum fiscal policy strategy statement.
As per new budget tax exemption limit for individual is raised to 2. May 14, 2017 union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. Arun jaitley this was the first fullfledged budget by the national democratic alliance government. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. This publication highlights a range of pertinent issues primarily focusing on. Union budget 201516 india, indian union budget 201516. 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. Union budget 202021 provisions for assam and north east. Being termed as make or break, this is arun jaitley and the nda governments first. Dear professional colleague, the honble finance minister p. Pwc union budget 202021 budget highlights 6 personal tax. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Finance minister arun jaitley presents the union budget 2014 15 at the parliament. While making his maiden budget speech in parliament on july 10, the union finance minister.
Union budget 201415 india, indian union budget 201415. Brief summary, financial, general, family, it latest update. A detailed analysis of the union budget 201415 follows, with particular focus on proposals related to taxes. Finance minister mr arun jaitley in the budget 2014 15 salaried class tax breaks and increased the range of savings. Here are the highlights of the budget presented by finance minister arun jaitley. Union budget 201415 india, indian union budget 201415, pdf. Income tax no processing of return when notice issued. Experts pointed out that the union budget 201516 fell short of making investments for transmission infrastructure. 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.
A detailed analysis of the union budget 2014 15 follows, with particular focus on. Jul 15, 2014 union budget 20142015 highlights of finance no. 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. Memorandum explaining the provisions in the finance bill, 2011. 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. Education cess to continue at 3% exemption under section 80c is raised to inr 1. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Highlights of union budget 2014 parti yahoo news india. A detailed analysis of the union budget 201415 follows, with particular focus on. Finance minister arun jaitley presents the union budget 201415 at the parliament. Union budget 201415 10th july, 2014 industry the amritsar kolkata industrial master planning will be completed expeditiously for the establishment of industrial smart cities in seven states of india.
Are you ready for insta 75 days revision plan upsc prelims 2020. For income tax facilitation, 60 new aykar seva kendras will be opened in 201415. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Download union budget 202021 highlights pdf get assam 2020 yearbook pdf. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Income tax rate cut to 5 pc for individuals having income between rs 2. Union budget of india 201819 highlights pdf cracku. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 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. Till 2016, it was presented on the last working day of february. Revenue budget includes the governments revenue receipts and expenditure. 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. If you continue browsing the site, you agree to the use of cookies on this website. Jul 10, 2014 for income tax facilitation, 60 new aykar seva kendras will be opened in 201415.
The total expenditure as per union budget 201415 is rs. Pwc union budget 202021 contents 2 introduction budget highlights economic performance key policy announcements. Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. 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. Union budget is classified into revenue budget and capital budget. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. Highlights of the interim union budget 2014 15 the state of world economy has been the most decisive factor affecting the fortunes of every developing country. The union budget of india for 20142015 was presented by finance minister, arun jaitley on. The record of maximum presentations of budget 8 budgets and 2 interims was held by mr.
Comparison of union budget 201415, 1516, 1617, 1718. 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. Making indias budgets open, usable and easy to comprehend. The highlights are as follows fiscal deficit is indeed daunting. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. Pwc union budget 202021 budget highlights section 2 5. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. There has been a mix of both shortterm and longterm measures geared towards. Indirect tax facilitation measures include opening 24. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. 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. Macroeconomic performance as indicated above, the fundamentals have shown a significant improvement.
The master planning of three new smart cities in the chennaibengaluru industrial corridor region, viz. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Gross domestic product gdp growth of india for 201516 projected between 88. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15. Plan expenditure for the year 201415 will rs 5,55,322 crore. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley. 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. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Budget highlights key features pdf file opens in a new window. Shockwaves on the richter scale, crorepatis clubbed with 10% surcharge blow p chidambaram decided to take a leaf out of the warren buffett rule book by whacking the wealthy. Highlights of the union budget 2014 15 presented by finance minister arun jaitley in the parliament on july 10, 2014. Union budget 20142015 the union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. The union budget 201415 was going to be a tough balancing act for finance minister mr.
His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Gross domestic product gdp growth of india for 201516 projected between 8. Key highlights of union budget 201415 and direct tax. Macroeconomic framework for the relevant financial year. 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.
Get ready for upsc civil services preliminary exam 2020 with insights insta 75 days revision plan. Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. There are two kinds of revenue receipts tax and nontax revenue. The budget documents presented to parliament comprise, besides the finance ministers. The following are the union budget 201415 highlights. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. Get latest updates on budget highlights, railway budget, expert views and opinion.
257 1147 224 580 27 947 60 783 1225 10 809 800 170 780 1493 817 1293 1411 208 1314 213 1283 261 1454 1422 864 733 21 1385 1504 83 863 1266 221 845 500 751 1114 1400 840 433 1402 1125 1433 70 396