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. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. 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. Tax benefit on hiring on employees base also widened. 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. Finance minister arun jaitley today presented his maiden union budget at parliament. 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. Press information bureau government of india highlights of budget 201819 new delhi, 01th february, 2018.
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. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. While making his maiden budget speech in parliament today, the union finance minister shri arun jaitley said that india. Jul 10, 2014 finance minister arun jaitley presents the union budget 2014 15 at the parliament. Highlights of budget 201415 budget highlights budget. Income tax rate cut to 5 pc for individuals having income between rs 2. Below are the highlights of the union budget 201415. This publication highlights a range of pertinent issues primarily focusing on. This presentation has been contributed by one of our active members sh. Finance minister mr arun jaitley in the budget 2014 15 salaried class tax breaks and increased the range of savings.
The union budget 201415 was going to be a tough balancing act for finance. The highlights are as follows fiscal deficit is indeed daunting. The union budget for 2014 15 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. According to the article 112 of the indian constitution, the government launches the annual financial statement, known as the union budget for that particular year. Chidambaram presented the interim budget for the fiscal year 201415 on monday, february 17, 2014 to cover expenditure until the governments term ends in may, 2014. Here are the highlights of the budget presented by finance minister arun jaitley. The union budget 20142015 aims to cater all groups of the society with a motto. Take a look at the highlights of the budget 201415.
Till 2016, it was presented on the last working day of february. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Brief summary, financial, general, family, it latest update. You can download the whole budget documents from the website. Union budget 201415 india, indian union budget 201415. Jul 15, 2014 union budget 20142015 highlights of finance no. Following are the highlights of the union budget 201415 presented by finance. Download icai direct taxes highlights of union budget 2014.
The following are the union budget 201415 highlights. Union budget of india 201819 highlights pdf cracku. Jul 10, 2014 the following are the union budget 2014 15 highlights. Union budget 201415 highlights the hindu businessline. Arun jaitley, given the precarious state that the economy was in. Web site development, web site design, web site seo.
And that resources for developmental expenditure cannot be raised at the. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Finance minsiter arun jaitley introduced union budget 201516. Jul 10, 2014 highlights of union budget 2014 15 pdf download. Union budget 201516 india, indian union budget 201516, pdf. Highlights of union budget 201415 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in pf and post office ac, arun jaitley says. Finance minister arun jaitley on thursday presented the union budget for fiscal 2014 15 in the lok sabha. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. It was a budget for corporates as corporate tax reduced from 30% to 25%. Feb 17, 2014 highlights of the interim union budget 2014 15 the state of world economy has been the most decisive factor affecting the fortunes of every developing country. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Almost 1 crore citizens have downloaded swachhata app. The key highlights of union budget 2019 are as follows. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. There has been a mix of both shortterm and longterm measures geared towards. Get latest updates on budget highlights, railway budget, expert views and opinion. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Budget 2020 news budget 2020 highlights, union budget india. His speech was marred by protests over the proposed division of a telangana state. Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. Union budget 201415 india, indian union budget 201415, pdf. I would provide union budget highlights of 201415 in simple terms. Union budget is defined under article 112 of the indian. Union budget 201516 summary download pdf bankexamstoday. Below are the highlights of union budget for the financial year 2014 15 you can download the pdf version of union budget 2014 15 highlights from here.
Dec 28, 2018 finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Highlights of finance minister arun jaitleys budget speech. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Slowdown in indian economy has to be seen in the context of slowing global.
Finance minister arun jaitley presents the union budget 201415 at the parliament. Highlights of the interim union budget 201415 the state of world economy has been the most decisive factor affecting the fortunes of every developing country. Below are the highlights of union budget for the financial year 201415 you can download the pdf version of union budget 201415 highlights from here. Major highlights of proposed tax slab for ay 201819. Union budget 201415 highlights pdf download gr8ambitionz. The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Feb 01, 2018 budget 2018 lends fiscal prudence with the requirements and needs of the economy today, arun jaitley told the media focused to develop rural and agricultural sector, says arun jaitley after. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. 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. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014. As per new budget tax exemption limit for individual is raised to 2. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley.
Get our print stock pages as a pdf download daily in your inbox. 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. The finance minister said that the government intends to usher in a policy. Union budget of india 201415 highlights and analysis clear ias. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu seyal. Following are the highlights of the union budget 201516 presented by finance minister arun jaitley in parliament today. Jul 10, 2014 highlights of union budget 2014 15 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in pf and post office ac, arun jaitley says. Dear professional colleague, the honble finance minister p.