The following are the union budget 201415 highlights. Union budget 2014 highlights of direct tax proposals. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Abatement in case of construction for residential units having carpet area upto 2000 sq. Union budget of india 201819 highlights pdf cracku.
Major highlights of proposed tax slab for ay 201819. To buy back rs 50000 crore worth of bonds in 20 14 spending total budget expenditure seen at rs 16. Check out for latest news on budget 2019, union budget, budget expectation, budget impact, budget highlights and more on caclubindia. Union budget 2014 budget news, features, opinion, expert. How does india government plan to raise income as per union budget 20 14. Iibf vision 2 march 20 union budget highlights top stories banking policies banking policies rbi proposes stricter restructuring norms rbi has proposed tough restructuring norms for banks, recommending an increase in the provision for restructured standard accounts and in the personal guarantee of promoters. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. The recent reforms unveiled by the government, in the form of fdi in retail, insurance.
Mar 27, 20 on normal years the us department of defense goes through a complicatedenough process to establish and finalize its budget. Finance minister arun jaitley starts presenting the budget 201819. Indian union budget 2014 date, indian general budget 20. Social welfare, education and medical services are the major spenders of public resources. India budget 20 2014 highlights key features of budget 20 2014. Indias finance minister p chidambarampresented the union budget 20 14 in parliament on february 28, 20 4. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. 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. Some of the budgetary announcements relating to specific sectors are as under. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this budget.
India union budget 2018 highlights pdf free upsc materials. Government of india ministry of finance 28february20. Brief summary, financial, general, family, it latest update. But whereas fy 2012 offered a welcome return to normalcy after a very long continuing resolution, the budgeting cycle for fiscal year 20 unfolded in an unproductive. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. Highlights of the budget can be viewed here 321 kb pdf file that opens in a new window. 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. Key to budget documents budget highlights key features. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Budget guided by mission to strengthen agriculture, rural development, health, education. Union budget 2014 impact on the healthcare sector 3 an overview an overview accounting for 5. Union budget 20 14 highlights pdf download gr8ambitionz. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10.
Regional budget highlights 2014 regional development. Finance minister arun jaitley unveiled his last full budget in parliament today. Budget speech 2014, budget highlights 2014, budget 2014, india budget 2014. Union budget 201819 live updates highlights pdf download. Promised to reduce poverty, expedite infra creation.
The union budget of india for 2012 20 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. Out of nearly 17 lakh registered assesses under service tax only 7 lakhs file. Below are the highlights of union budget for the financial. The union budget of india for 202014 was presented by finance minister, p.
Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. 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. Finance minister, p chidambaram has announced the union budget 20 14 which has received mixed reactions from industry and academia.
The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Allocation of road transport and highways ministry enhanced by 14 per cent to. The budget documents presented to parliament comprise, besides the finance ministers budget. 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. Get the latest news on union budget 20 14 of india. Etmarkets compiles the highlights that may matter to you. Union finance minister arun jaitley announced the following highlights in the rail budget. Government is planning to form 10,000 new farmer producer.
Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Simple one page return for people with an annual income of rs. Iibf vision 2 march 20 union budget highlights top stories banking policies banking policies rbi proposes stricter restructuring norms rbi has proposed tough restructuring norms for banks, recommending an increase in the provision. This is clearly an indication of the governments effort on levying more tax on the superrich. Gois revenue and fiscal deficit as a percentage of gdp source. Railway budget 2017 highlights, union budget 2017, railway. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. The healthcare expenditure of the country, which represents a mere. Check out the key highlights of indias 2019 budget, incl. 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. Highlights of indian union budget 202014 quick summary.
Union budget 201415 india, indian union budget 201415. Dear all, please find attached budget 20 14 highlights attached files budget highlights 20. He said that india will become usd 5 trillion economy, and among top five in the world by 2025. Mar 16, 2012 financial highlights of budget 201212. Budget for 2014 to have one overarching goal of creating opportunities for. National health mission nhm services to an ageing population. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Person taking a home loan for his first home during the period 2014 will be entitled to an additional. Download union budget 201718 highlights pdf file from here highlights of union budget 2017 govt doubles distribution target under mudra yojana to rs 2. Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16. The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Jul 05, 2019 here are the key highlights of the budget. Highlights and impact of the union budget 2014 on the. Union budget 2017 highlights pdf download gr8ambitionz.
Top 10 takeaways from union budget 2019 finance minister proposed to enhance surcharge on individual income of rs 25 crore and over rs 5 crore by 3%. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 20 14. We will update the pdf file of 2018 budget when the budget sessions are completed. Union budget 20 14 highlights pdf download friday, march 01, 20 current affairs, current affairs important updates 28 comments. The government will deliver on thursday its budget for the 20 14 fiscal that starts on april 1. Chidambaram presented budget 2014 in the lok sabha today on 28feb. For complete sbes with notes please see pdf format. Union budget 20 14 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. Union budget 201718 1 highlights of union budget 201718 personal income tax existing rate of tax for individuals between rs. People taking a home loan in 20 14 for an amount up to rs 25 lakh will be allowed an additional deduction of rs 1 lakh.
Tds of 1% to be levied on transactions above rs 50 lakh. Click here to view the tax slabs for fy 20 14 same as fy 2012 education cess to continue. Full budget allotment 201920 submajor head 11 provident fund, pension and other retirement benefits. Union budget 20 14 final authorstream presentation.
Introduction of goods and service tax gst and the new direct tax code dtc likely by apr 2011. Here are some highlights of what education received from the budget 20 14. India union budget 202014, budget 20 india, general budget 20, central budget. Rs 1 lakh crore allotted for enhancing skills of youth. Exemption limit for the general category of individual other than point b, huf, aop, boi taxpayers enhanced from rs.
Get all the live news and updates on union budget 2019. So, stay tuned to this page for pdf file of union budget 201819. The union budget of india for 20 2014 was presented by p. 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. A common simplified registration form and a common return are being. Aiming at 78 per cent gross domestic product gdp growth in 34 years. These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20. However, health and education cess at the rate of 1% has. Indian union budget 2014 date, indian general budget. I have quickly summarised the major highlights of this budget on one page for your quick read. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training. Major highlights of budget 20, railway budget 20, budget expectations and much more. Download union budget highlights file in pdf format.
Person taking a home loan for his first home during the period 20 14 will be entitled to an additional deduction of rs 1 lakh. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Memorandum explaining the provisions in the finance bill, 20. Live budget 2019 latest news updates budget announcement. Government of india ministry of finance press information. Fm allocates rs 65,867 crore to hrd ministry giving the emphasis on education, finance minister p chidambaram said budget. Budget highlights key features pdf file opens in a new window. Union budget 2015 live update and budget highlights. 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.
Overview of the union budget 2014 grant thornton india. Here are some highlights of what education received from the budget 2014. Check out for latest news on budget 2019, union budget, budget expectation, budget impact, budget highlights. Here are highlights finance minister arun jaitley announced in his. Direct proposals to give in net revenue loss of rs. The finance minister on thursday unveiled higherthanexpected spending for fiscal 20 14 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. Presentations ppt, key, pdf logging in or signing up. 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. Tax deduction at source on transaction of immoveable property with resident it is proposed, w. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. Rail budget 201920 regular modified regular budget 201920 other coaching earnings target.
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