Highlights union budget 2018 2019 with pdf download. Piyush goyal, the finance minister has presented the union budget of 20192020. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. Some of the key points that were highlighted by chidambaram in. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Important for competitive exams banking, insurance, ssc, upsc, clat, and other exams. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement finance bill memorandum. Finance minister nirmala sitharaman presented the union budget 2020, the first of the new decade, to parliament. How does india government plan to raise income as per union budget 20 14.
So you can get more knowledge about the planning of government for this year. Surcharge of 10 per cent for taxable incomes above rs. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Rs 1 lakh crore allotted for enhancing skills of youth. Trends in expenditure at the state level there are wide variations in spending amongst states. Some of the key points that were highlighted by chidambaram in the budget are.
Please utilize them for building your knowledge and dont make them commercial. This was the longest budget speech by any finance minister, going beyond 2 hour 30 minutes. While, as expected, the fiscal deficit target for 2014 has been adhered to in the budget estimates be, the underlying assumptions of a. An analysis overview of the economy gdp growth estimated at 6. Person taking a home loan for his first home during the period 2014 will be entitled to an additional. The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Here are the important key highlights from the budget. Three prominent themes of the budget aspirational india better standards of living with access to health, education and better jobs for all sections of the society economic development for all sabka saath, sabka vikas, sabka vishwas. Overview of the union budget 2014 grant thornton india.
Government of india ministry of finance press information. Promised to reduce poverty, expedite infra creation. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. The union finance minister today presented the budget for the year 2014. Union budget 2014 highlights of direct tax proposals. Union budget 202021 highlights of union budget 2020. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs.
Budget highlights key features union budget of india. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. N highlights of budget this document explains the key features of the budget 20 2014, inter alia, indicating the prominent achievements in various sectors of the economy. Union budget highlights 20192020 in simple terms yesterday, mr. Union finance minister, mr p chidambaram presented the budget for the fy 2014 on 28th february, 20. Iibf vision 2 march 20 union budget highlights top stories banking policies. 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.
Union budget 2014 of india highlights chidambaram, a threetime finance minister seen as a candidate for prime minister in 2014, has staked his reputation on cutting swollen fiscal and current account deficits that have alarmed credit rating agencies and triggered warnings that indias sovereign bonds could be downgraded to junk status. Presenting the union budget for 202021, finance minister nirmala sitharaman said, in may 2019, prime minister narendra modi received a massive mandate to form the government again. Highlights of union budget 2014 chidambaram underlines fiscal consolidation path. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. The key highlights of union budget 2019 are as follows. Pdf key highlights of union budget 2018 gk notes for. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training. February 28, 20 the proposals made in the finance bill 20 bill are as follows. Highlights of the union budget for 2014 presented by finance minister p. Get the latest news on union budget 20 14 of india. Finance minister arun jaitley unveiled his last full budget in parliament today. 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 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. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb.
Article 112 of the constitution of india lays down that it is a statement of the estimated expenditure and receipts of the government for a particular year the budget keeps the account of the finances of the government for the fiscal year from 1st april to 31st march. I will be providing a separate more detailed article covering proposal wise impact of the union budget, which will be more useful for forthcoming exams. Budget highlights key features pdf related websites. Union budget of india 201819 highlights pdf cracku. Union budget is defined under article 112 of the indian constitution. Finance minister p chidambaram makes three promises.
Brief summary, financial, general, family, it latest update. Though this is interim budget before elections, it has come with benefits to employees, farmers and middle class people. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. 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. Budget highlights of the union budget 2014 ias exam. The survey highlights the need for stable and consistent policies and rapid. Speech, india union budget 202014, budget 20 india, general budget 20, central budget 20, indian budget 20.
Join our telegram channel if you are new to upsc field, we recommend you to know. The union budget of india for 202014 was presented by finance minister, p. It also explains, in brief, the budget proposals for allocation of funds to be made in important areas. Union budget 2019 pdf highlights download aspirants zone. Interim union finance minister piyush goyals budget had proposed tax breaks for the middle class and sops for farmers and millions of employees in the unorganised sector. India budget 20 2014 highlights key features of budget 20 2014. Following are the highlights of the union budget 201920 banking reforms and insolvency and bankruptcy code ibc the period of 200814 will be remembered as a period of aggressive credit growt h and, as per rbi, the primary reason for spurt in nonperforming loans and stressed assets. Vision ias summary of union budget 202021 pdf free upsc. The finance minister, in his speech for union budget 2014, did acknowledge. Response to union budget 2014 centre for budget and. Highlights of union budget 2014 strategies4competitions. One overarching goal to provide education and skills to youth for securing jobs in the 2014.
Union budget 201415 india, indian union budget 201415, pdf. National health mission nhm services to an ageing population. Government of india ministry of finance 28february20. India budget 202014 highlights key features of budget 202014. Proposal to carve out pmgsyii and allocate a portion of the funds to the new. Indian union budget 2014 date, indian general budget 20. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Here we are providing all pdf s related to union budget 2020. Medium term fiscal policy cum fiscal policy strategy statement.
Major highlights of budget 20, railway budget 20, budget expectations and much more. Some of the major highlights of the said budget are summed up below. Union budget 2020 highlights pdf download gr8ambitionz. Investment allowance for new high value investments. Highlights of union budget 2014 highlights of union budget 2014 by team vcc 28 february, 20 share. 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. Highlights of budget for 2014 presented in the lok sabha thursday by finance minister p. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Budget speech 2014, budget highlights 2014, budget 2014, india budget.
The union budget consists of a detailed account of the governments finances, its revenues and expenditures. The union budget is also known as the annual financial statement. Highlights of the union budget 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. 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 of india for the financial year 201819 was presented to the parliament on 1 february 2018 by. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. Rs crore initial capital for a new womens bank which will be another public sector bank. Highlights of union budget 2014 praveen unnikrishnan february 28, 20 add comment finance minister of india, p chidambaram has started his budget speech for the year 20 14 in lok sabha. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. A company investing rs 100 crore or more in plant and machinery during the period april to march15 will be entitled to deduct an investment allowance of 15. Here are some highlights of what education received from the budget 2014.
Union budget 2014 of india highlights live rail pdf. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. 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. The union minister for finance and corporate affairs smt. The budget 202021 will be presented by finance minister nirmala sitaraman. Major highlights of proposed tax slab for ay 201819. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. Union budget 20 14 highlights pdf download friday, march 01, 20 current affairs, current affairs important updates 28 comments. In 2014, only china projected to grow faster than india. 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. 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. This is modi governments 6th union budget and 1st interim budget. In 2014, the budget estimate is rs 16,65,297 crore.
The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. Budget expenditure is rs 16,65,297 crore and plan expenditure rs 5,55, 322 crore. 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. The following are the major highlights of the union budget 2014 presented by the honble finance minister mr. Union budget 2020 summary get the highlights of the. Nirmala sitharaman made her maiden budget speech today and presented the union budget 201920 before the parliament. In this budget, sitaraman introduced a new optional personal income tax system, a new tax dispute settlement scheme and unveiled a 16point plan to revive growth in the country.
Indian union budget 2014 date, indian general budget. Finance minister arun jaitley starts presenting the budget 201819. P chidambaram macroeconomic highlights fy 12 fms commitment to winning back the trust and confidence of entrepreneurs and investors is reassuring. The union budget 2014 is being presented at a time when the growth prospects. Download pdf version of union budget 2019 highlights from here. His speech was marred by protests over the proposed division of a telangana state. 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. Union budget 2019 highlights pdf download gr8ambitionz. 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 key highlights of union budget 202021 are as follows. Tax cut for middle class, relief for small farmers.
Plan expenditure in 12th five year plan revised to rs 14,30,825 crore. Vision ias summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh.
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. You can check 100 key highlights of union budget 2020. The following are the major highlights of the union budget 20 14 presented by the honble finance minister mr. Union budget 2014 highlights no change in income tax. Union budget of india is the countrys comprehensive annual financial statement. Aiming at 78 per cent gross domestic product gdp growth in 34 years. What were the main highlights of the indian budget 2012.
Income level for rajiv gandhi equity scheme raised by rs 2 lakh. Highlights of union budget 2014 india news india tv. The main highlights of union budget 2012 20 are presented on this page. This is clearly an indication of the governments effort on levying more tax on the superrich. Union budget 20 a snapshot the main thrust of the budget is to signal the world and everyone else that we are following a prudent fiscal path and the fiscal deficit will be contained. Nirbhaya fund to empower women and to keep them safe and secure, proposal to set up indias first womens bank as a public sector bank, rs 1,000 crore for skill development. Union budget 201415 india, indian union budget 201415. A new fiscal consolidation path with fiscal deficit at.
Union budget 202021 india date and time, timings, income tax slab rate expectations. Etmarkets compiles the highlights that may matter to you. Union excise duties 7% gst 18% corporation tax 18% centrally sponsored pensions schemes rupee goes to 9% subsidies 6% defence 8% central sector other expenditure 10% 6%. Highlights and impact of the union budget 2014 on the.
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