May 14, 2017 union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. The master planning of three new smart cities in the chennaibengaluru industrial corridor region, viz. A detailed analysis of the union budget 2014 15 follows, with particular focus on. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. Finance minister mr arun jaitley in the budget 2014 15 salaried class tax breaks and increased the range of savings. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Download union budget 202021 highlights pdf get assam 2020 yearbook pdf.
Jul 15, 2014 union budget 20142015 highlights of finance no. Union budget of india 201415 highlights and analysis clear ias. 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. Highlights of union budget 2014 parti yahoo news india. The total expenditure as per union budget 201415 is rs. 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. Revenue budget includes the governments revenue receipts and expenditure. Pwc union budget 202021 contents 2 introduction budget highlights economic performance key policy announcements. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Highlights of finance minister arun jaitleys budget speech. There has been a mix of both shortterm and longterm measures geared towards. 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.
For income tax facilitation, 60 new aykar seva kendras will be opened in 201415. Macroeconomic performance as indicated above, the fundamentals have shown a significant improvement. Indirect tax facilitation measures include opening 24. 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. Dear professional colleague, the honble finance minister p. 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. Memorandum explaining the provisions in the finance bill, 2011. Making indias budgets open, usable and easy to comprehend.
Union budget is classified into revenue budget and capital budget. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Get latest updates on budget highlights, railway budget, expert views and opinion. Union budget 202021 provisions for assam and north east. Union budget 201516 india, indian union budget 201516, pdf. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Plan expenditure for the year 201415 will rs 5,55,322 crore. The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Till 2016, it was presented on the last working day of february. 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. While making his maiden budget speech in parliament on july 10, the union finance minister. The following are the union budget 201415 highlights. Finance minister arun jaitley presents the union budget 201415 at the parliament. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415.
Find union budgets, state budgets, rbi data and municipal budgets across years. Download the pdf file of union budget 2014 15 highlights from here. There are two kinds of revenue receipts tax and nontax revenue. A detailed analysis of the union budget 201415 follows, with particular focus on proposals related to taxes. The union budget 20142015 aims to cater all groups of the society. Here are the highlights of the budget presented by finance minister arun jaitley. The budget documents presented to parliament comprise, besides the finance ministers. 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. Jul 10, 2014 the following are the union budget 201415 highlights. 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. Income tax rate cut to 5 pc for individuals having income between rs 2. 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. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh.
Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. Union budget 201516 india, indian union budget 201516. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. 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.
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 201415 india, indian union budget 201415, pdf. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. This publication highlights a range of pertinent issues primarily focusing on. Budget highlights key features pdf file opens in a new window.
Being termed as make or break, this is arun jaitley and the nda governments first. 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. Key highlights of union budget 201415 and direct tax proposals. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Arun jaitley, given the precarious state that the economy was in. Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. Jul 10, 2014 for income tax facilitation, 60 new aykar seva kendras will be opened in 201415. The union budget 201415 was going to be a tough balancing act for finance minister mr. If you continue browsing the site, you agree to the use of cookies on this website. Are you ready for insta 75 days revision plan upsc prelims 2020. Union budget 20142015 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 is referred to as the annual financial statement in the article 112 of the constitution of india. Gross domestic product gdp growth of india for 201516 projected between 88. Medium term fiscal policy cum fiscal policy strategy statement. 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. 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. As per new budget tax exemption limit for individual is raised to 2.
General budget 201415 highlights click the links below download pdf, alternative link. Education cess to continue at 3% exemption under section 80c is raised to inr 1. Gross domestic product gdp growth of india for 201516 projected between 8. The record of maximum presentations of budget 8 budgets and 2 interims was held by mr. Union budget 201415 highlights the hindu businessline. Finance minister arun jaitley on thursday presented the union budget for fiscal 2014 15 in the lok sabha. Experts pointed out that the union budget 201516 fell short of making investments for transmission infrastructure. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley.
We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. A detailed analysis of the union budget 201415 follows, with particular focus on. Union budget 201415 india, indian union budget 201415. Pwc union budget 202021 economic performance section 3 8.
Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. India budget 202014 highlights key features of budget 202014. The highlights are as follows fiscal deficit is indeed daunting. Brief summary, financial, general, family, it latest update. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014. 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. Pwc union budget 202021 budget highlights section 2 5. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. Budget at a glance 201415 india union budget 20142015. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights.
Key highlights of union budget 201415 and direct tax. Finance minister arun jaitley presents the union budget 2014 15 at the parliament. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Highlights of budget 201415 budget highlights budget. Pwc union budget 202021 budget highlights 6 personal tax.
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. Aiming at 78 per cent gross domestic product gdp growth in 34 years. 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. Finance minister arun jaitley on thursday presented the union budget for fiscal 201415 in the lok sabha. Get ready for upsc civil services preliminary exam 2020 with insights insta 75 days revision plan.
Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. The union budget 201415 was going to be a tough balancing act for finance. Major highlights of proposed tax slab for ay 201819. Comparison of union budget 201415, 1516, 1617, 1718. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy.
Arun jaitley this was the first fullfledged budget by the national democratic alliance government. Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. 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. 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. Union budget of india 201819 highlights pdf cracku. Income tax no processing of return when notice issued. Key highlights of union budget 2014 15 and direct tax proposals. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. Macroeconomic framework for the relevant financial year.
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