It will also set the tone for policy stance relating to fiscal issues as well as economic reforms. Indian finance minister arun jaitley presented the union budget 201415 today. 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. The union budget 20142015 aims to cater all groups of the society. A detailed analysis of the union budget 201415 follows, with particular focus on proposals related to taxes. The total projected expenditure in the union budget 201415 is. Union budget 201516 summary download pdf bankexamstoday. Under the new concept, all services except those in the negative list are taxed. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Challenging situation due to sub five per cent growth and double digit inflation. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. 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 union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Download icai direct taxes highlights of union budget. This budget is highly influenced by general elections. Education cess to continue at 3% exemption under section 80c is raised to inr 1. As i prepared to write this speech, i found that whether it is a regular budget for the full year or an interim budget, some things remain the same. The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Get the latest news and views of the union budget 201415. A detailed analysis of the union budget 2014 15 follows, with particular focus on.
Union budget 2014 15 department of space datasets open budgets india. It was a budget for corporates as corporate tax reduced from 30% to 25%. Below are the highlights of the union budget 201415. Expectations from the union budget 201415 the union budget for 201415 fy15 is to be presented in the parliament on 10th july 2014.
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. Chidambaram was talking about achievements of upa governments. Pdf the article examines the provisions in the union government of budget for 201415 about the foreign trade promotion of india. People have voted for a change and india desires to grow. Anil sood ji and it gives a summary of central excise act, customs act, service tax, cenvat credit rules and also introduction or withdrawal of certain exemptions. 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. If you continue browsing the site, you agree to the use of cookies on this website. Jul 10, 2014 union finance minister announced certain plans and programmes for regional development in the union budget 2014 15 presented by him. 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. Total union budget allocation for economic affairs under ministry of finance, it includes allocation for national savings institute,interest on deposits under compulsory deposit income tax payers scheme,forward markets commission fmc,contribution to undp,budget prepration,indian economic service ies officers. Macroeconomic framework for the relevant financial year. The union budget is a very important policy document which sets the tone for all other policies that are to be implemented during the course of the year.
A detailed analysis of the union budget 201415 follows, with particular focus on. The union budget introduced many new initiatives like financial inclusion mission, debt recovery tribunals to. We have uploaded below the copy of union finance budget 201415 final for your reference. Download union budget 202021 highlights pdf get assam 2020 yearbook pdf. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. 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. Union budget 201415 impact on the energy sector 9 an overview key expectations key policy initiatives overview direct tax proposals indirect tax proposals our offices indirect tax proposals miscellaneous concessional bcd of 5%, provided on machinery, equipment, etc. Jul 10, 2014 union finance minister, arun jaitley on 10 july 2014 presented union budget 2014 15. Plan allocation of 5,75,000 crore in the main budget 201415 mark an increase of 26. Full text railway budget 201415 speech of sadananda gowda download in pdf. The master planning of three new smart cities in the chennaibengaluru industrial corridor region, viz. Next post next new schemes announced in the union budget 2014. Union budget 202021 provisions for assam and north east. Union budget 201415 central government employees news.
Comparison of union budget 201415, 1516, 1617, 1718. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014. Union budget 201516 india, indian union budget 201516, pdf. Union budget 201415 department of economic affairs. Union finance minister, arun jaitley on 10 july 2014 presented union budget 201415. Union finance minister arun jaitley arrives at parliament house to present the union budget, in new delhi on thursday. Everything about union budget 2017 download pdf day today gk. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. Union budget of india 201415 highlights and analysis clear ias. Highlights of the union budget 2014 15 presented by finance minister arun jaitley in the parliament on july 10, 2014. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. May 14, 2017 union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs.
Union finance minister announced certain plans and programmes for regional development in the union budget 201415 presented by him. The budget is first budget of narendra modi government. Historical budget documents are available for reference purposes. Download the pdf file of union budget 201415 highlights from here. The record of maximum presentations of budget 8 budgets and 2 interims was held by mr.
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. However, in view of the implementation of the negative list concept in service tax from july 1, 2012, the return filing cycle of six months aprilseptember, 2012 has been split by cbec. Key features of budget 2014 2015 personal incometax exemption limit raised by rs. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Arun jaitley, given the precarious state that the economy was in. Chidambaram presented interim budget for the year 201415 on 17022014. Union budget 201415 india, indian union budget 201415. The tax rates for financial year 201415 assessment year 201516 in comparison to financial year 2014assessment year 201415 are as per annexure i. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014.
Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. Arun jaitley, presented the union budget 2014 15 to parliament on july 10, 2014. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. There has been a mix of both shortterm and longterm measures geared towards. Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. Budgeting is the process of creating a plan to spend your money. Memorandum explaining the provisions in the finance bill, 2015. General studies tags budget highlights, union budget 2014 highlights post navigation. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. Union budget 2014 15 10th july, 2014 budget 2014 15 holistic plan of action the finance minister while presenting the budget takes cognizance of the fact that decisive action to fuel growth without populism is the need of the hour.
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. Arun jaitley, presented the union budget 201415 to parliament on july 10, 2014. Union budget 201415 india, indian union budget 201415, pdf. The union budget 201415 was going to be a tough balancing act for finance minister mr. Union budget 2014 15 offers up old and new schemes but fails to address macroeconomic and social causes of exploitation and subordination of women. The union budget 201415 was going to be a tough balancing act for. 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 2014 15 india presented by mr p chidambaram, the union finance minister, in parliament on feb 17, 2014. The following are the union budget 201415 highlights.
The union budget of india for 20202021 was presented by the finance minister, nirmala sitharaman on 1 february 2020, in a backdrop of a slowing down of the indian economy with estimated gdp growth for 201920 being at an 11year low of 5%. Finance minsiter arun jaitley introduced union budget 201516. Tax benefit on hiring on employees base also widened. Major highlights of proposed tax slab for ay 201819. Chidambaram minister of finance february 17, 2014 madam speaker, introduction i rise to present the interim budget for 201415. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget.
President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Memorandum explaining the provisions in the finance bill, 2011. Union budget 201516 india, indian union budget 201516. Pdf the article examines the provisions in the union government of budget for 2014 15 about the foreign trade promotion of india. Icai the institute of chartered accountants of india. While making his maiden budget speech in parliament on july 10, the union finance minister. Medium term fiscal policy cum fiscal policy strategy statement. You can download the whole budget documents from the website. Union budget of india 201415 highlights and analysis. Brief summary, financial, general, family, it latest update. As per the service tax rules, the half yearly return was to be normally filed by october 25, 2012. Union budget 201415 offers up old and new schemes but fails to address macroeconomic and social causes of exploitation and subordination of women. Union budget 2017 download pdf link available at the bottom of the page. As per new budget tax exemption limit for individual is raised to 2.
Union budget 201516 summary download pdf published on sunday, march 01, 2015. In this context, some statistics related to budget expenditures, receipts and deficits. 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 department of space datasets open budgets india. Key to budget documents pdf file opens in a new window. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. This will be a critical budget as it would be the first non congress budget after more than a decade. And that resources for developmental expenditure cannot be raised at the. The budget documents presented to parliament comprise, besides the. Everything about union budget 2017 download pdf day. Union budget of india 201819 highlights pdf cracku. The people of india have decisively voted for a change. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Budget 2014 key amendments in indirect taxes this presentation has been contributed by one of our active members sh.
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