Union budget 201516 india presented by mr arun jaitley, union minister. Pwc union budget 202021 the indian sentiments on growth mirroring the global pessimism and manifested through distress in the financial sector, lower gst collections and strain on the fiscal deficit was the backdrop in which the finance minister tabled the budget proposals for fy 202021. The total expenditure as per union budget 201415 is rs. According to article 112 of the indian constitution, the union budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year.
Union budget 201415 sbicap securities limited 4 services tax is extended on sale of space or time for advertisements in broadcast media, extended to cover such sales on other segments like online and mobile advertising. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. As per new budget tax exemption limit for individual is raised to 2. This will be a critical budget as it would be the first non congress budget after more than a decade. This is owing to an increase in expenditure on petroleum, fertiliser, food, and other interest subsidies. After banking, software is the second most preferred sector with mfs having exposure followed by pharmaceuticals and finance. Indias health budget gets 27 percent hike india on thursday hiked its health budget by 27 percent in 201415 to rs. Presently the investments and expenditures up to a combined limit of rs 1. Comparison of union budget 201415, 1516, 1617, 1718. 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. After the passing of the fiscal responsibility and budget. Union finance minister arun jaitley arrives at parliament house to present the union budget. Market valuation at this point in time looks fairly valued.
Dear all, today is the biggest day for indian economy. A detailed analysis of the union budget 201415 follows, with particular focus on. Finance minister arun jaitley will present the union budget for the 201415 financial year on july 10, three days after the parliament begins its budget session. Gs score summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Indias union budget 201920 finance bill, 2019 has been presented by mof sh. So you can get more knowledge about the planning of government for this year. Full text railway budget 201415 speech of sadananda gowda download in pdf. In this budget arun jaitely has mentioned the issues like raising the personal tax exemption limit by rs.
The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Plan allocation of 5,75,000 crore in the main budget 201415 mark an increase of 26. Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3. Union budget 201415 a snapshot economic initiatives in budget financial sector banking rbi to create a framework for licensing small banks and other differentiated banks. Union budget 201415 impact on the private equity investments 6 direct tax proposals these provisions are proposed to take effect from 1 october 2014 budget proposes to provide a clear tax framework for reits. The regulatory framework of reit is still in a consultative stage. Union budget is defined under article 112 of the indian constitution.
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. Capital of banks to be raised by increasing the shareholding of. Budget estimates total expenditure budgeted at rs 1,794,892 crore and 26. The budget documents presented to parliament comprise, besides the. Arun jaitley, given the precarious state that the economy was in. Budget at a glance, budget 20142015 at a glance, highlights of central plan, explanatory notes, budget at a glance 20142015, india budget at a glance.
Join our telegram channel if you are new to upsc field, we recommend you to know. Key to budget documents pdf file opens in a new window. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Union budget 201415 10th july, 2014 budget 201415 holistic plan of action in comparison to the less than ordinary and unimaginative budgetary proposals of yester years, modis maiden budget comes as a welcome change from the norm. It is presented every year in the month of february generally by the union finance minister. Medium term fiscal policy cum fiscal policy strategy statement. Macroeconomic framework for the relevant financial year. Union budget 201516 india, indian union budget 201516. India union budget 2020 english pdf download all pdf which are provided here are for education purposes only. Join our telegram channel if you are new to upsc field, we recommend you to know about.
Union budget of india 201415 highlights and analysis. The budget 2020 is woven around three prominent themes a aspirational india b economic development and c caring society. So here we are providing the important live budget 202021 updates with the competitive exam point of view. Comparison of union budget 201415, 1516, 1617, 1718 1. The union budget 20142015 aims to cater all groups of the society with a. India union budget 2020 pdf download in english upsc. In this page, you can read all about what a budget is, and what to expect in the union budget 202021. Union budget 201415 prs legislative research july 15, 2014 3 budget estimates 201415 the government proposes to spend rs 17,94,892 crore in 201415, which is. You can check 100 key highlights of union budget 2020. In this budget the modi govenrment mainly focused to keep up their election promises. Foreword centre for budget and governance accountability cbga brings out this publication response to union budget subsequent to the presentation of the union budget in parliament every year.
In 201920, the total expenditure on subsidies is estimated to increase to rs 3,38,949 crore. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Union budget india 201920 finance bill, 2019 download. Memorandum explaining the provisions in the finance bill, 2011. Impact analysis union budget 201415 mfs exposure to bank stocks hits recordhigh of rs 55k cr. Management act, 2003, the process of fiscal consolidation saw the fiscal deficit. Budget it is a document containing a preliminary approved plan of public revenue and public. Pdf public budget is a very important topic being discussed in economics in general and public economics in particular. 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. In order to ensure increased and uninterrupted credit flow to farmers and to avoid high cost market borrowings by nabard, i propose to allocate an amount of rs 50,000 crore for stcrc fund during 201415.
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. Union budget 201516 fails to provide for the needs of the women in the country, with budgetary allocation for most womens development schemes facing a steep reduction. The following are the union budget 201415 highlights. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. 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. Union budget 201415 india, indian union budget 201415. The union budget 201415 was going to be a tough balancing act for finance minister mr. Infusion of equity in banks amounting to rs 2,40,000 cr by 2018 in line with baseliii norms. Analysis of union budget 2014 15 linkedin slideshare.
There has been a mix of both shortterm and longterm measures geared towards. His speech was marred by protests over the proposed division of a telangana state. This document entails a comprehensive analysis of the policy priorities in union budget 201415, capturing the magnitude of budget. Here we are providing all pdf s related to union budget 2020. Union budget of a year, also referred to as the annual financial statement statement of the estimated receipts and expenditure of the government for that particular year union. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. 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.
Aiming at 78 per cent gross domestic product gdp growth in 34 years. The envisaged reduction in gfd in 201415 is to be achieved through enhanced nondebt receiptsgdp ratio which would more than offset a marginal increase in total expendituregdp ratio. Overview of the union budget 201415 grant thornton india. 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. Gs score summary of union budget 202021 pdf upsc materials. Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. Impact analysis union budget 201415 namo led budget for.
An assessment the gfdgdp ratio is expected to decline to 3. Union budget 201415 highlights the hindu businessline. Please utilize them for building your knowledge and dont make them commercial. In furtherance of these prominent themes, the government has made several policy announcements. This will pave way for the advent of reit in india. I ndian finance minster arun jaitley presented the narendra modi governments maiden budget for the year 201415 today 10th july 2014. The union budget 2020 was presented by the finance minister with an objective to boost income and enhance purchasing power.
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