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. Indian union budget 2014 date, indian general budget 20. Download pdf version of union budget 2019 highlights from here. 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.
The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. Faced with huge fiscal deficit, india had no choice but to rationalise expenditure. Suvs, mobiles costly the government unveiled new taxes on the rich and large companies on thursday to fund higherthanexpected spending for the next fiscal year, in a budget that aimed to revive growth amid the countrys worst slowdown in a decade ahead of a. Budget budget 20 14 custom duty direct tax code dtc etf excise duty home loan exemption import duty inflation indexed bonds pension funds rajiv gandhi equity savings scheme rgess securities transaction tax service tax stt tax free bonds tax slabs union budget womens public sector bank. How does india government plan to raise income as per union budget 20 14. The finance minister on thursday unveiled higherthanexpected spending for fiscal 2014 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. Highlights of budget 2014 analysis institute of economic affairs. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. The government will embark on the development of a twotrack standard. Jan 25, 2015 budget 20, live budget, budget 20 14 india, union budget 20 14, budget 20 expectations, p chidambaram, post budget budget 20 highlights. His speech was marred by protests over the proposed division of a telangana state.
Budget 20182019 speech of arun jaitley minister of finance february 1, 2018 section i governance, economy and development madam speaker, 1. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. The union budget of india for 202014 was presented by finance minister, p. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb.
The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. Piyush goyal, the finance minister has presented the union budget of 20192020. If you like this, then please share it with your friends. Slowdown in indian economy has to be seen in the context of slowing global. Union budget 2014 of india highlights live rail pdf. Union budget highlights 20192020 in simple terms yesterday, mr. 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. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Out of nearly 17 lakh registered assesses under service tax only 7 lakhs file returns regularly. The finance minister on thursday unveiled higherthanexpected spending for fiscal 2014 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. 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%.
Out of 76 lakh individual assessees declaring income more than rs 5 lakh, 56 lakh are. National health mission nhm services to an ageing population. Union budget 2019 highlights pdf download gr8ambitionz. Government policies have been instrumental in providing support after recognising. Feb 27, 20 finance minister p chidambaram presented one of the most highly anticipated budgets of recent years on thursday, as the government looks to rein in a bloated fiscal deficit and restore confidence. Union budget 20 14 impact on the rei sector 3 an overview an overview real estate in india is the biggest example of a sector that has transformed from being unorganised to a dynamic and organised sector over the past decade. This is clearly an indication of the governments effort on levying more tax on the superrich. Budget was guided by mission to strengthen agriculture, rural development, health, education, employment. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this. Budget was guided by mission to strengthen agriculture, rural. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs.
Imagse via bing indian railway budget 20 14 highlights powerpoint presentation. Though this is interim budget before elections, it has come with benefits to employees, farmers and middle class people. No changes to the income tax slab or the rates and an additional rebate for people with income less than rs 5 lakhs are the main highlights of the budget. Highlights of the amendments in the delhi vat and cst delhi during the year 20 14. How does india government plan to raise income as per union budget 2014. Finance minister arun jaitley presented the general budget 201819 in parliament on thursday. While the government of india goi has taken concerted efforts to. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20.
Return of income file without payment of self assessment tax to be considered as. Highlights union budget 2018 2019 with pdf download. Union 1 budget highlights fiscal deficit projected at 5. 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.
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. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Budget for 2014 to have one overarching goal of creating opportunities for our youth to. Standing council of experts in ministry of finance to examine transaction.
The following are the highlights of union budget 20. Rs 14,000 crore capital infusion into public sector banks in 2014. Highlights of the budget can be viewed here 321 kb pdf file that opens in a new window. Government of india ministry of finance 28february20. Jun, 2016 the plan expenditure in 20 14 will be 29. India budget 202014 highlights key features of budget 202014. Highlights of central plan 202014 pdf resources transferred to state and u. Government of india ministry of finance press information. Jul 05, 2019 here are the key highlights of the budget.
In addition, the highlights of the union budget 20 presented by minister of finance mr chidambaram today are the following. Presentations ppt, key, pdf logging in or signing up. Key to budget documents pdf file opens in a new window budget highlights key features pdf file opens in. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Medium term fiscal policy cum fiscal policy strategy statement. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. 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. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Indian union budget 2014 date, indian general budget. First home buyers who avail home loan in fy 2014 up to rs. Union budget 201920 budget highlights 6 personal tax no change in tax slabs or rates for individual taxpayers. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. 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.
Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Finance minister p chidambaram presented one of the most highly anticipated budgets of recent years on thursday, as the government looks to rein in. This is modi governments 6th union budget and 1st interim budget. 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. Person taking a home loan for his first home during the period 2014 will be entitled to an additional deduction. Positives budget estimates of the 3 arms of government submitted on time.
Highlights and impact of the union budget 2014 on the education sector. Budget for 2014 to have one overarching goal of creating opportunities for. Top 10 takeaways from union budget 2019 finance minister proposed to enhance surcharge on individual. Bonds pension funds rajiv gandhi equity savings scheme rgess securities transaction tax service tax stt tax free bonds tax slabs union budget womens public sector bank. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. When the finance minister mr pranab mukherjee rose to present the union budget 201011 in parliament on 26th feb 2010, it was the sixth time over a span of 28 years that he was doing so. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. Additional interest deduction for firsttime home buyers and on electronic vehicles. People taking a home loan in 2014 for an amount up to rs 25 lakh will be allowed an additional deduction of rs 1 lakh. Check out the latest updates by clicking the below links and update yourself. News and highlights for india union budget and railway budget for the year 2011 2012. Major highlights of budget 20, railway budget 20, budget expectations and much more.
Budget 20, live budget, budget 2014 india, union budget 2014, budget 20 expectations, p chidambaram, post budget budget 20 highlights. India budget 20 2014 highlights key features of budget 20 2014. Union budget 2014 highlights no change in income tax. Todays budget gives the salaried rs 40k standard deduction, but takes away other allowances like medical.
Following are the highlights of the union budget 201819. Union budget 201819 live updates highlights pdf download. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14 % for 2012. Image via bing indian railways is an indian stateowned enterprise, owned and operated by the government of india through the ministry of railways. Union budget 2014 impact on the rei sector 3 an overview an overview real estate in india is the biggest example of a sector that has transformed from being unorganised to a dynamic and organised sector over the past decade. 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. Central excise tariff no change 4819 10 cartons, boxes and cases, of corrugated paper or paperboard. Indian railway budget 2014 was presented in the parliament by railway minister pawan kumar bansal. Highlights and impact of the union budget 2014 on the.
831 611 445 741 710 1543 164 1026 494 1654 78 861 1195 573 1339 1455 1250 766 1449 1137 999 839 603 1196 328 1640 120 478 859 238 700 1440 854 1356 891 728 880 395 174