We have provided you with all the important highlights of union budget 2018. Experts pointed out that the union budget 201516 fell short of making investments for transmission infrastructure. Finance minister arun jaitley arriving to present the general budget 2015 at parliament house in new delhi on friday. Finance minister arun jaitley, who is presenting the union budget for fiscal 201516 in the lok sabha, said the government is establishing a mechanism self employment to support all aspects of start up business. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Etmarkets compiles the highlights that may matter to you. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee.
Download union budget 201516 highlights file in pdf format. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. The highlights of the union budget are as following. 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. Income tax rate cut to 5 pc for individuals having income between rs 2.
For the 2020 union budget of india, see 2020 union budget of india. Highlights of union budget 201516 current affairs today. The following is a summary of the tax highlights contained in the budget. Gross domestic product gdp growth of india for 201516 projected between 8. Thirdly, i also intend to permit tax free infrastructure bonds for the projects in the rail. 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 2018 highlights key points of union budget. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget, today. Robust growth achieved despite very unfavourable global conditions and two consecutive years shortfall in monsoon by %. Union budget 2015 16 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. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. The overall level of payment appropriations in the 2015 budget was set at eur 141 214 million.
Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Union budget 201415 india, indian union budget 201415. Promised to reduce poverty, expedite infra creation. Macroeconomic framework for the relevant financial year. Budget 2020 news budget 2020 highlights, union budget. Income tax rate cut to 5 pc for individuals having. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. Here are the highlights of the union budget for various aspects. Here are highlights finance minister arun jaitley announced in his. Here are the highlights of union budget 2017 youtube. Medium term fiscal policy cum fiscal policy strategy statement. We will update the pdf file of 2018 budget when the budget sessions are completed.
Vision ias summary of union budget 202021 pdf free upsc. Union budget 201819 live updates highlights pdf free. Union budget for the fiscal year starting from 1st april 2015 is presented by arun jaitley today. 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. Finance minister arun jaitley starts presenting the budget 201819. Arun jaitley this was the first fullfledged budget by the national democratic alliance government. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Vision ias summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Some of the challenges mentioned by the finance minister arun jaitley are. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Fm arunjaitley leaves from his office to present union budget 2015. 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.
Memorandum explaining the provisions in the finance bill, 2015. 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. Union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 201516, with a focus on growth, promoting entrepreneurship and manufacturing. Tax free infrastructure bonds for projects in the rail, road and irrigation sectors. Budget 2018 has given more importance to railways and agriculture. Union budget 201516 india, indian union budget 201516, pdf. The union budget of india, also referred to as the annual financial statement in the article 112. Union budget is defined under article 112 of the indian constitution. The budget for the next fiscal year is aimed at vastly improving the rural sector with emphasis on agriculture, education, job and skills training and various reforms supporting the stand up india campaign, among others. The budget has been presented with a 10year vision in mind. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement. The budget, or officially, the union budget, is the prime written representation attributing the financial planning and strategy of the government of india for the next financial year. Brief summary, financial, general, family, it latest update.
Here are the highlights of jaitleys budget for the fiscal year that begins 1 april. Get budget 2020 updates live with thehindu businessline, budget 2020 india tax slabs, budget 2020 live updates, budget expectations 2020, delhi budget 2020, union budget 2020 income tax, finance. 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. Taxfree bonds for projects in rail road and irrigation. Free drug service and free diagnosis service to achieve health for all.
Budget highlights indirect taxes gst to be implemented from 1st april 2016 excise duty rate increased from 12. Union budget of india 201516 highlights and analysis. 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. The union budget is presented to the parliament in two parts. His speech was marred by protests over the proposed division of a telangana state. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Ie photo following are the highlights of the union budget 201516 presented by finance minister arun jaitley in. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. Key features of budget 20152016 274 kb pdf file that opens in a. Major highlights of proposed tax slab for ay 201819. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. 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 finance minister arun jaitley presented the union budget 201617 on monday. India union budget 2018 highlights pdf free upsc materials. 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. Important highlights of union budget 201617 pdf download. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following.
Union budget 201516 summary download pdf bankexamstoday. Union budget 201516 india, indian union budget 201516. Special scheme for free dialysis of poor have been initiated. The budget proposes to reduce the small business tax rate from 11% to 9%. The following are the union budget 201415 highlights. Till 2016, it was presented on the last working day of february. So, stay tuned to this page for pdf file of union budget 201819. 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. Union budget niti aayog and finance commission recommendations. This is clearly an indication of the governments effort on levying more tax on the superrich. Budget 2015 live india budget news, union budget 201516. Join our telegram channel if you are new to upsc field, we recommend you to know.
From 20 february until the presentation of budget about 100 government employees remained locked up in the north block of the secretariat building, new delhi, which houses the budget printing press, to maintain secrecy. Union budget of india 201819 highlights pdf cracku. Please utilize them for building your knowledge and dont make them commercial. It is the exclusive and best telugu education portal established by sakshi media group. India hailed as a bright spot amidst a slowing global economy by imf. Key highlights of union budget 2015 no change in individual it slabs individual tax payer can now get benefit upto 4.
All you need to know about budget 2018 all you need to know about budget 2018 dd news is the. This included an amount of eur 127 million related to the mobi lisation of the eu solidarity fund, eur 440 million for the youth employment initiative moved from the 2014 budget to the 2015 budget and the mobilisation of the flex. The 201516 union budget of india was tabled in the lok sabha lower house of the parliament by arun jaitley, the union minister of finance, on 28 february. Highlights of union budget 2015 internet desk february 28, 2015 12. Income tax calculator new scheme vs old scheme and consent letter for fy 202021. Finance minister arun jaitley unveiled his last full budget in parliament today. It was the first full year budget of the nda government under leadership of prime minister of narendra modi and the second budget of arun jaitley as finance minister. Finance minsiter arun jaitley introduced union budget 201516. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights.