Jul 10, 2014 the following are the union budget 201415 highlights. Top 10 takeaways from union budget 2019 finance minister proposed to enhance surcharge on individual. Rs crore initial capital for a new womens bank which will be another public sector bank. What are the pros and cons of merging the railway budget. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. Nri portfolio investment scheme route is proposed to be merged with. Get a detailed analysis of the union budget 2020 for upsc ias exam. Budget highlights simplified summary of union budget. How does india government plan to raise income as per union budget 20 14. Tax deduction at source on transaction of immoveable.
The union budget 201415 was going to be a tough balancing act for finance minister mr. Union budget 201718 1 highlights of union budget 201718 personal income tax existing rate of tax for individuals between rs. Jan 25, 2015 budget 20, live budget, budget 20 14 india, union budget 20 14, budget 20 expectations, p chidambaram, post budget budget 20 highlights. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. Union budget 20 14 highlights pdf download gr8ambitionz.
Person taking a home loan for his first home during the period 2014 will be entitled to an additional. So far, govt has announced merge of 10 psbs into 4 and has infused a capital of rs. All you need to know about budget 2018 all you need to know about budget 2018 dd news is the. The key highlights from the 2019 interim budget can be summed up as follows. Click here to download latest union budget 201819 the union budget is the annual report of india. Income tax to be exempted for individuals drawing an income of up to rs. News and highlights for india union budget and railway budget for the year 2011 2012. The niti aayog committee headed by bibek debroy noted that a separate railway budget was just an annual ritual that should be done away with. Following are the highlights of the union budget 201920.
No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Latest budget news reports, views, budget videos, budget analysis, budget 20. The kings speech hinting towards global economic slowdown of growth rate of 3. The gross domestic product gdp of india is estimated to have grown at 8. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. What were the main highlights of the indian budget 2012. Union budget 201415 india, indian union budget 201415, pdf. Arun jaitley, given the precarious state that the economy was in. This budget is considered to be one of the most highly anticipated budgets of recent years, a blueprint for austerity that forms the centrepiece of indias efforts to stave off a damaging credit ratings downgrade. 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.
Iibf vision 2 march 20 union budget highlights top stories. At the june 2010 budget, the government set out plans for a significant acceleration of the. Overview of the union budget 2014 grant thornton india. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Budget highlights key features union budget of india. Javacript is either disabled or not not supported by this browser. The good aadhaarpan interchangeability nirmala sitharamans maiden budget today proposed to make pan card and aadhaar card interchangeable to file tax returns. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb. The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Union budget 2018 highlights pdf download gr8ambitionz. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. Aiming at 78 per cent gross domestic product gdp growth in 34 years. A detailed analysis of the union budget 201415 follows, with particular focus on proposals.
Designed, developed and hosted by national informatics centre, information is provided by ministry of finance. Here summary highlights is presented in very simple way by comparing what is there before and after budget. 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. Major highlights of budget 20, railway budget 20, budget expectations and much more. The main highlights of union budget 2012 20 are presented on this page. T he union finance minister arun jaitley today presented the union budget 2018 today. It contains the government of indias revenue and expenditure for the end of a particular fiscal year, which runs from april 1 to march 31, but this time it is presented earlier on 1 feb 2017. How does india government plan to raise income as per union budget 2014.
Superrich demonetised, tax sops for ecars, affordable houses. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14 % for 2012. Government of india ministry of finance 28february20. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today.
A worker joining the scheme on attaining 29 years of age or above will have to. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014 monday. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. In addition, the highlights of the union budget 20 presented by minister of finance mr chidambaram today are the following. This would require a detailed analysis of requirement and availability of funds. Ifrs as interpreted by the financial reporting manual frem. Union budget 20 14 final authorstream presentation. National health mission nhm services to an ageing population.
Highlights of union budget 201718 the first united budget of the country since 1924 and it contains 3 major reforms. Here is a look at the good and the notsogood sides of the union budget. The main highlights of union budget 201220 are presented on this page. Union budget 2019 highlights 2019 union budget of india. N highlights of budget this document explains the key features of the budget 20 2014, inter alia, indicating the prominent achievements in various sectors of the economy. Instant updates and highlights from 5th july, 2019 home blog union budget 2019. Budget 2020 highlights union budget 202021 pdf download. Budget 2018 has given more importance to railways and agriculture. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this budget seems to be disappointing. Major highlights of proposed tax slab for ay 201819. February 28, 20 the proposals made in the finance bill 20 bill are as follows. It also explains, in brief, the budget proposals for allocation of funds to be made in important areas.
The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. Chidambaram said that the indias economy, the 11th largest in the world, had stabilized and was showing signs of turnaround. First home buyers who avail home loan in fy 2014 up to rs. Union budget 20 highlights no changes to the income tax slab or the rates and an additional rebate for people with income less than rs 5 lakhs are the main highlights of the budget. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. India union budget 2018 highlights pdf, now a days coaching institutes are drinking blood of students in name of coaching, we raised to fight the cause, you can help us in different ways, all pdf which are provided here are for education purposes only. India budget 20 2014 highlights key features of budget 20 2014.
Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. First, presentation of budget advanced to february 1 to enable the ministries. Response to union budget 2014 centre for budget and. The proposals in nirmala sitharamans maiden budget evoked different responses from different sections. Faced with huge fiscal deficit, government expenditure rationalised in 2012. This is his 5th budget and the last full union budget of the narendra modiled central government in its present term.
Union budget 2020 summary get the highlights of the. On the contrary he also mentioned that key highlights of union budget 2014. Simple one page return for people with an annual income of rs. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training.
Union budget 2018 highlights key points of union budget. Ahead of the 2019 lok sabha polls, this budget is very crucial for the government. Overview of the union budget 2014 2 without growth, there will be neither development nor inclusiveness, the finance minister rightly acknowledged it in his budget speech by stating that foreign direct investment is not a matter of choice, it. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. Complete coverage on union budget 20 2014, budget 20 highlights, indian railway budget. Highlights of union budget 20112012 times of india. Women belonging to the most vulnerable groups, including single women and widows, must be able to live with selfesteem and dignity. Highlights of union budget 201920 and economic survey 201819 pdf. Surcharge of 10 per cent for taxable incomes above rs. Highlights and impact of the union budget 2014 on the. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Union budget 201112 highlights budget highlights 201112.
Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. While the government of india goi has taken concerted efforts to arrest fiscal slippages and also announced some bold policy measures in the recent past, growth continues to slow alarmingly. The union budget of india for 202014 was presented by finance minister, p. The following are the union budget 201415 highlights. Union budget of india 201819 highlights pdf cracku. Budget impact on sensex bombay stock exchange sensex fell by 291 points to a 3month low post budget 6. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 20 14 on 28 th feb, 20.
Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. This is the 1st budget after gst goods and services tax and the 2nd one after demonetization. Union budget 201819 live updates highlights pdf download. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this budget. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. India union budget 2018 highlights pdf free upsc materials. India budget 202014 highlights key features of budget 202014. Indian union budget 2014 date, indian general budget 20. In 2014, the budget estimate is rs 16,65,297 crore.
This budgeting guidance applies to inyear control from 2014 and to. Rs 1 lakh crore allotted for enhancing skills of youth. The report stated that as the size of the railway budget has shrunken when compared to the overall genera. The following are the major highlights of the union budget 2014 presented by the honble finance minister mr.
We have provided you with all the important highlights of union budget 2018. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Overview of the union budget 2014 4 healthcare allocation of rs 37,330 crores to the ministry of health and family welfare ayurveda, unani, siddha and homeopathy mainstreamed through the national health mission. The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Union budget highlights 20172018 2nd february 17 2. Finance minister p chidambaram presented one of the most highly anticipated budgets of recent years today, a blueprint for austerity that forms the centrepiece of indias efforts to stave off a. Here are some highlights of what education received from the budget 2014. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Opening remarks govt has continued with steady path of fiscal consolidation.
Union budget 2019 pdf highlights download aspirants zone. Current affairs 2015, union budget 201516, highlights of union budget 201516 union finance minister arun jaitley presented union budget 201516 in the parliament. Union budget 201112 highlights budget highlights 201112 swift and broad based growth in 201011 has put the economy back to its precrisis growth trajectory. Highlights of union budget 201516 current affairs today.
As part of his union budget, finance minister p chidambaram said today that india will set up a special public sector unit bank solely for women, and to support businesses run by women. Government of india ministry of finance press information. The finance minister on thursday unveiled higherthanexpected spending for fiscal 2014 on thursday, aiming to fund it with higher revenues including new taxes on the rich and large companies in a budget aimed at reviving growth amid the countrys worst slowdown in a decade. Here are some highlights of what education received from the budget. Various other agricultural activities merged into 5 missions. The union budget for 2014 has forecast a fiscal deficit refer chart 1 of 4. Highlights and impact of the union budget 2014 on the education sector. Presenting the interim union budget for the year 201415, mr. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. Brief summary, financial, general, family, it latest update. Nirmala sitharaman delivered her first budget today in lok.
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