F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 aimed at high growth, saying the. Medium term fiscal policy cum fiscal policy strategy statement. Union budget of 201819 govt invites suggestions on. We hope the government will be able to meet the set target in the fiscal year 201516. Small retailer and shopkeepers with gst turmover below rs. 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. Union budget 2019 highlights pdf download gr8ambitionz. While the government is gearing up, the user forum of commonfloor is witnessing lot of consumer interest regarding the upcoming budget.
Presentation of the union budget 201718 budget 201718 not only subsumed the railway budget but was also advanced to 1 february to enable ministries to operationalise all activities from commencement of the fy on 1 april. The 201617 union budget was presented by arun jaitley, the union finance minister, on 29 february 2016. Union budget 201516 page 3 tax deducted at source as earlier higher tds of 20% for not furnishing correct pan in case the payee is not able to furnish pan to the deductor, tax shall be deducted at the higher of the rates specified in the relevant provision of the i. It is targeted to complete 2 crore houses in urban areas and 4 crore houses in rural areas. Rail budget 201516 highlights pdf download gr8ambitionz. Important highlights of union budget 201617 pdf download. I would like to take this opportunity to thank parliament, under your able guidance and support,for passing the budget on. Expected questions based on the union budget 2015 16. Pdf download of railway budget 2015 rail budget 201516 highlights pdf download gr8ambitionz prepare for ibps po x, ibps clerks x, insurance eams current affairs 2020 home. Union budget 2020 highlights pdf download gr8ambitionz. Union budget 201415 india, indian union budget 201415. Union budget 2015 16 budget ready reckoner fiscal consolidation pushed out fy15 fiscal deficit target of 4.
Mar 01, 2016 the 201617 union budget was presented by arun jaitley, the union finance minister, on 29 february 2016. Hartford cu from a rank e are fruga ved educatio ge. Presenting the interim union budget for the year 201415, mr. The plain and sad fact is that the indian armed forces are in dire need of funds infusion. His speech was marred by protests over the proposed division of. Union budget analysis 7 it may be noted that the government was able to meet just 50% of the budgeted amount for disinvestment in the year 201415.
An analysis india union budget 201516 an insight march 2, 2015 prepared by. Being termed as make or break, this is arun jaitley and the nda governments first. Download pdf version of union budget 2019 highlights from here. Union budget 2017 download pdf link available at the bottom of the page. The union budget for 2015 16 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. It is a wellbalanced budget and the fact that the implications of this budget will boost the morale of indian economy to an inclusive growth. An analysis india union budget 2015 16 an insight march 2, 2015 prepared by. From the real estate sectors perspective, there are many aspects that the union budget should address this year. National pension scheme for traders and self employed persons 12th september 2019. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 2015 16 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Union budget 201516 india, indian union budget 201516. Robust growth achieved despite very unfavourable global conditions and two consecutive years shortfall in monsoon by %. Budget 2015 live budget coverage online, union budget 201516, key points and highlights of india budget 2015, income tax slab, fdi by finance minister arun jaitely. Feb 01, 2017 as per data of financial year 2015 16, 2. 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. Jan 28, 2015 while we wait for a month to get these answers, lets try to draw an analysis of expectations vs reality in the hindsight of 201415 budget. Budget 2015 live india budget news, union budget 201516. 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. We do hope to hence provide a comprehensive view of the budget which the reader. Madam speaker, the financial year 201516 budget was consequently approved by parliament on may 30th 2015 in accordance with section 14 of the public finance management act 2015. Service tax would be levied on processes, unless otherwise specified in the negative list, not amounting to manufacture or production of goods carried out by a person for another for. Union budget 201516 is special as this is the first budget after the creation of national institution of transforming india niti and acceptance of 14th finance commissions ffc recommendation of substantially higher devolution of union taxes to states.
Finance minister arun jaitley presented the first fullyear budget of prime minister narendra modis government on saturday. 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. As is expected, there were some things that became economical while there were a few others. Chidambaram said that the indias economy, the 11th largest in the world, had stabilized and was showing signs of turnaround. We hope the government will be able to meet the set target in the fiscal year 2015 16. Download complete union budget 201920 highlights for your banking and competitive exams preparation. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. By 201415, the deficit is forecast to have fallen by half, from 10. 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. The budget 201718 has been marked by historic economic policy developments. Union budget 201516 impact on the real estate and infrastructure sector a mission to provide a roof for each family under the housing for all. India hailed as a bright spot amidst a slowing global economy by imf.
Aiming at 78 per cent gross domestic product gdp growth in 34 years. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. What are your expectations from the union budget of india. Abatement in case of construction for residential units having carpet area upto 2000 sq. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. To provide an amount rs 3000 to the beneficiaries after they attain the age of 60 years. Total union government expenditure as a proportion of gdp % 14. W impro avera avera while terms to m relude to th t state of w line. The budget documents presented to parliament comprise, besides the. Gross domestic product gdp growth of india for 201516 projected between 88. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014 monday. Key to budget documents pdf file opens in a new window.
Get the latest news and views of the union budget 201415. Overview direct tax government not going ahead with direct tax code bringing down corporate tax rate from 30% to 25% over a period of four years measures to promote domestic manufacturing and improving the. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. Union budget 2015 16 impact on the real estate and infrastructure sector sector overview despite the recent economic slowdown, the indian real estate sector continues to be a favoured investment avenue for both the domestic and overseas investors. The budget revised estimates for expenditure in 201718 are rs. Union budget 2015 16 page 1 tax deducted at source tax deductedcollected at source f. Service tax would be levied on processes, unless otherwise specified in the negative list, not. Pradhan mantri laghu vyapari maandhan yojana july 2019. Transparent coal block auctions to augment resources of the states. The new york state budget for 20152016 april 1, 2015.
Gross domestic product gdp growth of india for 2015 16 projected between 88. Union budget 201516 india, indian union budget 201516, pdf. 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. Budgeting is the process of creating a plan to spend your money. Debt will be falling as a share of gdp from 201516. Modi government is all set to present the union budget for the financial year 201516 on 28 february. Roadmap to achieve fiscal deficit of 3% of gdp in three years.
Everything about union budget 2017 download pdf day today gk. With regard to expenditure, the total expenditure is estimated to rise by 5. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable. Dear readers, as you all are awared, recently finance minister arun jaitely presented the first fullfledged union budget 2015 of the nda government in the parliament on 28th february 2015. Union budget of india 201516 highlights and analysis. Scribd is the worlds largest social reading and publishing site. Th e next examinations are due in the month of may 2015. Important points to note about union budget 201617. Following 14th finance commission recommendations, states will get higher resources.
In this budget, sitaraman introduced a new optional personal income tax system, a new tax dispute settlement scheme and unveiled a 16point plan to revive growth in the country. Union budget 20 14 highlights pdf download gr8ambitionz. 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. Union budget 201516 page 1 service tax reverse charge. The plan includes raising fish and milk production. Government schemes pdf 2020 central government schemes. Superintendents 201516 budget summary march 3, 2015. Govt cuts women epf contribution by 4% the move is aimed at encouraging companies to hire more women and would also aid women employees in getting a higher takehome pay. Union budget 2014 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the easeofdoing business while keeping its focus on infrastructure development. The union budget of 201516 was the first full budget to be presented by the modi led government and was preceded by sky high expectations of reform.
Further, as regards direct taxes, while forwarding your proposals, please take into consideration the budget announcement made in union budget 201516 to reduce the rate of corporate tax from 30% to 25% over the next 4 years along with rationalization and removal of various kinds of tax exemptions and incentives and the plan of phasing out. Everything about union budget 2017 download pdf day. This is modi governments 6th union budget and 1st interim budget. Budget 2015 contents page summary of 2015 budget measures policy changes a. Union budget 201415 india, indian union budget 201415, pdf. Dramatic increase in budgetary allocation to defence.
I rise to present the budget of the union for the year 201516. Union budget of india 201516 highlights and analysis clear ias. Compiled by cbga from budget at a glance, union budget documents, various years. Finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. Foreign exchange reserves touched highest ever level of about 350 billion us dollars. Govt cuts women epf contribution by 4% the move is aimed at encouraging companies to hire more women and would also aid women employees in getting a. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. Union budget 2015 16union budget 2015 16 making one india accomplish durable growth template.
Continuing governments path of fiscal reduction and consolidation, the finance minister projected a fiscal deficit of 3. The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the. This is a year earlier than forecast at autumn statement. Section of act nature of payment in brief cut off amount rate %. Highlights of union budget 2016 pdf download gr8ambitionz.
Union budget niti aayog and finance commission recommendations. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. This pdf file consists of all important major news events of january 2020, including padma awards 2020, economic survey 2019, important dates and themes, awards and honors, obituaries, new appointments in national and international. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. It also in a way indicates the stance that may be taken by the rbi when. The union budget of 2015 16 was the first full budget to be presented by the modi led government and was preceded by sky high expectations of reform.
1305 966 1383 154 1156 109 1360 772 1308 1065 858 1517 1324 961 1371 1497 819 1165 24 356 456 1149 279 1206 891 326 557 154 946 545 1190 1133 472 604 593 733 37 1464 482 1454 447 506 1490 1416