Existing rate of taxation for individual assesses between income of rs. Key highlights of union budget 201415 and direct tax. Till 2016, it was presented on the last working day of february. A comprehensive budget analysis tool helps to explore various priorities and proposals in union budget 201718. Growth in the third and fourth quarter of the current year is expected to be 5. Average amount spent on food security per year almost doubled during 201419 compared to 200914.
Jul 10, 2014 union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness, current affairs, current affairs important updates 11 comments sponsored links. India budget 202014 highlights key features of budget 202014. Finance minister arun jaitley unveiled his last full budget in parliament today. Finance minister nirmala sitharaman presented union budget 2020 in parliament on saturday. Comparison of union budget 201415, 1516, 1617, 1718.
You can check 100 key highlights of union budget 2020. The aai airports authority of india has proposed to expand airport capacity to 1 billion trips a year. Union budget 2018 highlights key points of union budget. I would provide union budget highlights of 201415 in simple terms. By accommodation times bureau favourable points of budget 2012 on direct taxation the basic exemption limit for individual male have been increased from rs. Budget 2020 budget announcements, union budget impact, latest. The finance minister also hiked the defence budget from rs 16,350 crores to rs 17,500 a steep rise of 7%.
Get the latest union budget 2020 updates from nirmala sitharaman on the. Plan expenditure for the year 2014 15 will rs 5,55,322 crore. Here are highlights finance minister arun jaitley announced in his. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020. Employer contributions to retirals in excess of specified limits now.
Example of capital expenditure are acquisition of assets. Increase of custom duty from 15% to 20% on mobile phones. Union budget 202021 free current affairs pdf download, free. The following are the union budget 201415 highlights. Approved listing of 14 central public sector enterprises cpses. Hitherto such transactions were entirely exempt from taxes, while a flat 15 percent rate was applicable on shortterm capital gains. The basic exemption limit for individual female have been increased from rs. 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. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Union budget highlights 20182019 in simple and detailed today, mr.
Budget guided by mission to strengthen agriculture, rural development, health, education. Araj and associates 15 p a g e chartered accountants union budget 2018 highlights section 115ad tax on income of foreign institutional investors from securities w. Feb 19, 2017 union budget imp points 2017 in telugu usefull for all exams union budget most imp onliners s. Press information bureau government of india highlights of budget 201819 new delhi, 01th february, 2018 12 magha, 1939 finance minister shri arun jaitley presents general budget 201819 in parliament. Budget highlights 201718 this year budget agenda is to transforms, energies and clean india i. The budget proposed to levy 10 percent ltcg tax on profits of more than. Particulars previous year current year tax rate domestic companies foreign. There are no major positive things in this budget for an investor or for individuals. Union budget 201516 india, indian union budget 201516. Cmie, rbi, economic survey 2020, union budget 2020. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15.
Railway budget, presented for 92 years, merged with union. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Highlights of union budget 201718 taxindiaupdates in. Railway budget, presented for 92 years, merged with union budget. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness. Budget 2018 is the first budget after the implementation of goods and services tax gst in june last year. The 92 budget called for reduction in fiscal deficits. Govt to finalise psu general insurers merger by marchend.
So you can get more knowledge about the planning of government for this year. 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. So far, govt has announced merge of 10 psbs into 4 and has infused a. Key highlights of union budget 201415 and direct tax proposals.
Instructions relating to allocation for scst subcomponent. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. However, as anticipated, rural agriculture sector was a focus area. 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. So, stay tuned to this page for pdf file of union budget 201819. Budget announcements, budget impact, budget news, budget highlights and more. Jul 10, 2014 the following are the union budget 2014 15 highlights. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh.
Feb 01, 2017 the budget provision of rs 5,500 crores for this yojana in be 201617 was increased to rs,240 crores in re 201617 to settle the arrear claims. The following are the union budget 2014 15 highlights. Nriportfolio investment scheme route is proposed to be merged with the foreign. The event will be aired on tv as well as streamed live online. 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. Merger of nri portfolio investment route with the fpi route proposed. Union budget 201415 highlights pdf download gr8ambitionz. Union budget highlights 20182019 in simple and detailed. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india.
This is modi governments 6th union budget and 1st interim budget. Mar 24, 2012 by accommodation times bureau favourable points of budget 2012 on direct taxation the basic exemption limit for individual male have been increased from rs. Highlights of the union budget 2018 uti asset management. Investment allowance at the rate of 15 percent to a manufacturing company that invests more than rs. India new budget 2014 date, highlights and expectations. Plan expenditure for the year 201415 will rs 5,55,322 crore. Smart cities mission aims at building 100 smart cities with stateof theart amenities. Union budget 201819 live updates highlights pdf download.
Union budget 2019 highlights pdf download gr8ambitionz. First, presentation of budget advanced to february 1 to enable the ministries. Gross domestic product gdp growth of india for 201516 projected between 88. Emphasis on generating higher income for the farmers.
Highlights of budget 201415 budget highlights budget. We will update the pdf file of 2018 budget when the budget sessions are completed. Feb 28, 20 here are the key highlights from the finance bill. The government aimed at increasing tax and nontax revenues. Highlights of union budget 201516 current affairs today. We have provided you with all the important highlights of union budget 2018.
The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. The key highlights of union budget 2019 are as follows. Specific allowances under section 1014 to be prescribed. Foreign exchange reserve to grow by usd 15 billion in this financial yearno more talk of down grade of indian economy by rating agencies. Budget highlights 201718 elcina electronic industries.
Jaswant singh the government introduced a new health insurance scheme in which an individual could get insurance with a premium of only re 1day for 365 days. Highlights of union budget 2018 linkedin slideshare. Union budget imp points 2017 in telugu usefull for all exams union budget most imp onliners s. Presenting the first union budget of the third decade of 21st century, finance minister. Concessional rate of shortterm capital gains tax of 15 per cent. With this backdrop, our government shall work towards taking the. The currect account deficit projected to be at usd 45 billion in 2014 down from usd 88 billion in 2012. Here are the highlights of the budget presented by finance minister arun jaitley. The rail budget will be merged with the union budget starting next. Income tax of 10% proposed for the income bracket of rs. Manmohan singh the budget aimed at near full employment in a span of ten years. Finance minister arun jaitley starts presenting the budget 201819.
The budget provision of rs 5,500 crores for this yojana in be 201617 was increased to rs,240 crores in re 201617 to settle the arrear claims. The budget for the financial year 201819 was unveiled by finance minister arun jaitley today. Major highlights of proposed tax slab for ay 201819. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. Brief summary, financial, general, family, it latest update. Currently, an indian citizenperson of indian origin is considered to be resident in india if. Union budget 201415 india, indian union budget 201415. The currect account deficit projected to be at usd 45 billion in 20 14 down from usd 88 billion in 2012.
Regional connectivity scheme udan shall connect 56 unserved airports and 31 helipads in the country. Foreign exchange reserve to grow by usd 15 billion in this financial year. Institutional credit for agriculture sector increased from rs 8. Highlights of union budget 201415 pdf download highlights of union budget 201415 pdf download. Government sets agri credit target at rs 15 lakh cr for fy21, says sitharaman. Medium term fiscal policy cum fiscal policy strategy statement. Budget estimates the current financial year will end with the fiscal deficit at 4. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Nriportfolio investment scheme route is proposed to be merged with. Finance minister mr arun jaitley in the budget 2014 15 salaried class tax breaks and increased the range of savings. The rail budget will be merged with the union budget starting next year in what finance minister arun jaitley. Sep 21, 2016 the separate railway budget, a 92yearold tradition, has been scrapped by the centre.
Budget 2018 has given more importance to railways and agriculture. When the finance minister finished her maiden budget speech, many taxpayers breathed a sigh of. The union minister of finance has presented the budget 202021. Here we are providing all pdf s related to union budget 2020. Download pdf version of union budget 2019 highlights from here. Union finance minister arun jaitley presented union budget 201516 in the parliament. Following are the highlights of the union budget 201819.
Union budget 2020 key proposals for the fs sector pwc. Download highlights of budget 201819 file in pdf format. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Essentially, a form of central assistance to the state government from the union government. India union budget 2018 highlights pdf free upsc materials. Arun jaitley, finance minister has presented union budget of 20182019. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Government allots rs 9,975 crore for social security schemes. Union budget 201516 india, indian union budget 201516, pdf. Gross domestic product gdp growth of india for 201516 projected between 8. Jul 11, 2014 union budget highlights 201415 in simple terms 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. 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. The budget, or officially, the union budget, is the prime written representation attributing the financial planning and strategy of the government of india for the next financial year.
Highlights of union budget 201718 the first united budget of the country since 1924 and it contains 3 major reforms. Surcharge of 10% for those whose annual income is rs 50 lakh to 1 crore. Railway stations with more than 25,000 footfalls will have escalators, trains will have wifi and cctv. The key highlights of the union budget 2020 are mentioned in the table below. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Govt took two tectonic policy initiatives passage of gst bill and demonetization which have will have a positive impact in the year 201718. Union budget 201415 india, indian union budget 201415, pdf.
Focus is now on ease on living after ease of doing business. New set of income tax rates announced for individuals earning more as much as rs. Highlights of union budget 201718 as presented by honble finance minister sh. Union budget highlights 201415 in simple terms 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 personal finance maximum it exemption limit raised to rs. Union budget of india 201819 highlights pdf cracku. I am mindful of presenting this budget in the backdrop of two. The 201516 union budget of india was tabled in the lok sabha lower house of the parliament by arun jaitley, the union minister of finance, on 28 february. Etmarkets compiles the highlights that may matter to you. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. Mission on cyber space will be launched in support of establishment of centres of excellence. Some of the challenges mentioned by the finance minister arun jaitley are. The separate railway budget, a 92yearold tradition, has been scrapped by the centre.
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