As per new budget tax exemption limit for individual is raised to 2. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 201516, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime and announcing some relief to common man. 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 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The 2014 budget had a transitional character as it was at. Union budget 2020 summary get the highlights of the. Chidambaram was talking about achievements of upa governments. 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. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy.
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. It amounted to eur 143 billion in commitments, representing around 1 % of eu gross national income gni, and eur 9 billion in payments. The budget documents presented to parliament comprise, besides the. 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. Compiled by cbga from budget at a glance, union budget documents, various years. The union budget 201415 was going to be a tough balancing act for finance minister mr. Union budget 201415 sbicap securities limited 4 services tax is extended on sale of space or time for advertisements in broadcast media, extended to cover such sales on other segments like online and mobile advertising. The economic survey 201415 february 27, 2015 also endorsed. In this budget arun jaitely has mentioned the issues like raising the personal tax exemption limit by rs. Union budget of india 201415 highlights and analysis. Historical budget documents are available for reference purposes.
This effort of care has been part of our tradition to provide this analysis as soon as possible after. Chidambaram presented interim budget for the year 201415 on 17022014. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014. Union budget 2014 is an earnest commencement to the economic agenda laid down by the government signifying the intent of kick starting capital spending both in. Macroeconomic framework for the relevant financial year. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. We have uploaded below the copy of union finance budget 201415 final for your reference. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. People have voted for a change and india desires to grow. It was a budget for corporates as corporate tax reduced from 30% to 25%. Budget 2020 highlights union budget 202021 pdf download. Survey of socio economic trends and state plan 20141504.
The total expenditure as per union budget 2014 15 is rs. The government will retain the fiscal deficit target for 201415 at 4. The union budget of 10th july 2014 was perhaps more of an intent document which contains many of the promises made during electioneering. Major highlights of proposed tax slab for ay 201819. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong.
The union budget 201819 holds special significance being the first budget post the implementation of gst in july 2017. I ndian finance minster arun jaitley presented the narendra modi governments maiden budget for the year 2014 15 today 10th july 2014. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. Fiscal deficit as % of gdp the budget estimates of gross fiscal deficit is at 3. Arun jaitley, given the precarious state that the economy was in. 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 201819 live updates highlights pdf download. Get a detailed analysis of the union budget 2020 for upsc ias exam.
The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Union budget of india 201415 highlights and analysis clear ias. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014. Union budget of india 201819 highlights pdf cracku. 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. Indian finance minister arun jaitley presented the union budget 201415 today. Union budget 201516 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. The article examines the provisions in the union government of budget for 2014 15 about the foreign trade promotion of. Eu budget 2014 publications office of the european union. Memorandum explaining the provisions in the finance bill, 2011. This budget is highly influenced by general elections. The budget is first budget of narendra modi government. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415.
Key to budget documents pdf file opens in a new window. Union budget 201516 summary download pdf published on sunday, march 01, 2015. It was also the first budget in eu history that was lower than the previous years. Union budget 2014 15 blogs, comments and archive news on. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Vote on account for expenditure of the budget 201415 document 4 andhra pradesh in 20141505. 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. Everything about union budget 2017 download pdf day. Tax benefit on hiring on employees base also widened. Icai is established under the chartered accountants act, 1949 act no. Awards 2014 winner of taxation firm of the year award india business law journals indian law firm awards. Download the economic survey, railway budget, union budget pdf for competitive exams like upsc, ibps, rrb, rbi, sbi, and other state level exams. Union budget 201516 india, indian union budget 201516. Finance minister p chidambaram has rejected the charge of policy paralysis as he presented his interim union budget in parliament on monday.
Union budget 201415 10th july, 2014 economy at standstill industry national industrial corridor authority to coordinate the development of the industrial corridors psus capital investment of rs 2,47,941 crores in fy15 to create a virtuous investment cycle impact egovernance will usher in transparency and accountability in the government processes. Plan allocation of 5,75,000 crore in the main budget 2014 15 mark an increase of 26. Union budget 2014 15 latest breaking news, pictures, videos, and special reports from the economic times. Challenging situation due to sub five per cent growth and double digit inflation. The following are the union budget 201415 highlights. Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3. Icai the institute of chartered accountants of india set up by an act of parliament.
The 2014 eu budget was the first one to be implemented under the 20142020 multiannual financial framework mff. A detailed analysis of the union budget 201415 follows, with particular focus on. 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. Get the latest news and views of the union budget 201415. Icai the institute of chartered accountants of india. 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 finance minister arun jaitley has presented his first budget today today, the 10th july of 2014 in parliament. Memorandum explaining the provisions in the finance bill, 2015. An analysis of union budget 201718 centre for budget and governance accountability. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. If you like this, then please share it with your friends. Analysis of union budget 2014 15 linkedin slideshare. Finance minsiter arun jaitley introduced union budget 201516. Tariff act is reduced from 12 percent to 10 percent for the period upto 31.
Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. You can download the whole budget documents from the website diabudget for those who. Against this, the budgetary allocations for ssa by the union government for 2012, 2014 and 201415 have seen shortfalls of rs. Aiming at 78 per cent gross domestic product gdp growth in 34 years. In this budget the modi govenrment mainly focused to keep up their election promises. A detailed analysis of the union budget 2014 15 follows, with particular focus on. There has been a mix of both shortterm and longterm measures geared towards. Union budget 201516 summary download pdf bankexamstoday. Union budget 201415 india, indian union budget 201415. Imports reduced prices of crude oil, for which india is heavily dependent on imports, reduced indias import growth from 0. Union budget 2017 download pdf link available at the bottom of the page. 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.