Union budget 201415 banking, financial services and insurance july 2014. Take a look at the highlights of the budget 201415. 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. Highlights of 27 union budgets since the landmark of 1991 that ushered the era of economic liberalisation for india. Key highlights of union budget 2014 related to personal.
Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. The new government has unveiled the union budget 201415 with a. This was the first budget of narendra modi led nda government. 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. 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. Union budget 201415 highlights the hindu businessline. 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. Major highlights of proposed tax slab for ay 201819. The union budget of india for the financial year 201819 was presented to the parliament on 1 february 2018 by. Highlights of budget 201415 budget highlights budget. Important for competitive exams banking, insurance, ssc, upsc, clat, and other exams. The union budget 20142015 aims to cater all groups of the society. Expenditure management commission has formed to oversee the management of expenses during the period.
Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3. Following are the highlights of the union budget 201819. Finance minister arun jaitley presents the union budget 201415 at the parliament. 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. India budget analysis a change in direction deloitte. 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 2019 highlights pdf download gr8ambitionz. Interim budget vs union budget 201415 click to enlarge interim budget 2014 by p chidambaram and its shortcomings. The budget 202021 will be presented by finance minister nirmala sitaraman. Brief summary, financial, general, family, it latest update. As you all know that today our finance minister nirmala sitharaman declared union budget 2020. 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.
For income tax facilitation, 60 new aykar seva kendras will be opened in 201415. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The government aimed at increasing tax and nontax revenues. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Union budget of india 201415 highlights and analysis.
Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Some of the challenges mentioned by the finance minister are. Dear professional colleague, the honble finance minister p. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Plan expenditure for the year 201415 will rs 5,55,322 crore. The following are the union budget 201415 highlights. 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 total expenditure as per union budget 201415 is rs. Union budget article on advisorkhoj key highlights of union budget 2014 related to personal finance and investments. Interim budget 2014 didnt had many policy announcements, as it was the budget of an outgoing government. Indian finance minister arun jaitley presented the union budget 201415 today.
Growth in the third and fourth quarter of the current year is expected to be 5. While making his maiden budget speech in parliament on july 10, the union finance minister. Download pdf version of union budget 2019 highlights from here. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Memorandum explaining the provisions in the finance bill, 2011.
As per new budget tax exemption limit for individual is raised to 2. Union finance minister arun jaitley presented union budget 201516 in the parliament. This publication highlights a range of pertinent issues primarily focusing on. Union budget 201516 india, indian union budget 201516, pdf.
The 92 budget called for reduction in fiscal deficits. Highlights of union budget 201415 pdf download highlights of union budget 201415 pdf download. Macroeconomic framework for the relevant financial year. Union budget 201516 india, indian union budget 201516. Chidambaram presented the interim budget for the fiscal year 201415 on monday, february 17, 2014 to cover expenditure until. The union budget of india for 20142015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. People have voted for a change and india desires to grow. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Union budget of india 201415 highlights and analysis clear ias. You can check 100 key highlights of union budget 2020. Upas interim budget 201415 vs ndas union budget 201415.
I would provide union budget highlights of 201415 in simple terms. Here we are providing all pdf s related to union budget 2020. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014.
A detailed analysis of the union budget 201415 follows, with particular focus on. 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. Below are the highlights of the union budget 201415. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. Union budget 202021 india date and time, timings, income tax slab rate expectations. His speech was marred by protests over the proposed division of a telangana state. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. 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. Warehousing infrastructure rs 5000 crores the finance minister said that increasing warehousing capacity for increasing shelf life of. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and. India new budget 2014 date, highlights and expectations. Manmohan singh the budget aimed at near full employment in a span of ten years.
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. Highlights union budget 2018 2019 with pdf download. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. Highlights of union budget 201415 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in. Union budget of india 201819 highlights pdf cracku. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Analysis of union budget 2014 15 linkedin slideshare. Union budget 201415 india, indian union budget 201415.
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. 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. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. 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. Income tax rate cut to 5 pc for individuals having income between rs 2. So you can get more knowledge about the planning of government for this year. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. India budget 202014 highlights key features of budget 202014. This is modi governments 6th union budget and 1st interim budget. First budget of this nda government to lay down a broad policy indicator of the. Here are the highlights of the budget presented by finance minister arun jaitley.
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