The following are the union budget 201415 highlights. Budget 2015 live india budget news, union budget 201516. Highlights direct tax proposals of union budget 201516. Union budget 201415 india, indian union budget 201415. Insight railway budget 2017 pdf download highlights of. India union budget 2018 highlights pdf, now a days coaching institutes are drinking blood of students in name of coaching, we raised to fight the cause, you can help us in different ways, all pdf which are provided here are for education purposes only. Highlights of union budget 201516 current affairs today. Union budget 2015 16 summary download pdf published on sunday, march 01, 2015. Here are the key highlights of finance minister arun jaitleys union budget 201617 speech. Highlights of budget 201516 the hindu businessline. Union budget 2014 2015 highlights impact on machine tool industry the current economic sttuation and the challenges continued slowdown in many emerging economies a threat to sustained global recovery. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. Union budget 201516 india, indian union budget 201516, pdf. Tax benefit on hiring on employees base also widened.
Latest income tax slab rates for financial year 2015 16. If you like this, then please share it with your friends. Click here to download the complete set of the 2015 16 budget for offline reading. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. The industry has been optimistic that this budget would feature businessfriendly policies that will reform the indian business scenario. Further, standard ad valorem rate of excise duty increased from 12% to 12. Increases in personal income tax rates and the general fuel levy are set to add r16. Union budget 2015 16 is being presented by finance minister mr. Highlights of the union budget 2015 16 gross tax receipts of 14. 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. The budget 202021 will be presented by finance minister nirmala sitaraman.
The 2015 16 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 2015 the common indian populace had high expectations with the budget for the 2015 16 fiscal year. The services sector continues to drive the economy, accounting for approximately 50% of total gdp from 2012 to 2014. The union budget 2015 16 has expectations soaring with tax reforms such as gst taking centre stage of most debates and discussions. Presenting the interim union budget for the year 201415, mr. The union budget for 2015 16 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Here are the highlights of jaitleys budget for the fiscal year that begins on april 1. Here are the highlights of jaitleys budget for the fiscal year that begins 1 april. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Gross domestic product gdp growth of india for 2015 16 projected between 88. Union budget for the fiscal year starting from 1st april 2015 is presented by arun jaitley today.
Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014 monday. Mar 18, 2015 during 201516, shell have no tax to pay on the savings interest she receives either. Union budget 20182019 live updates, live streaming, online watch, highlights, pdf file free download, 2018 railway budget and pdf file download. Here are the highlights of the union budget for various aspects.
Double the number of wifi hotspots with completely or timelimited free public access to 20 000. Rebate under section 87a continues for a resident individual whose income does not exceed 5,00,000. Under budget 2015, we have secured a christmas bonus of 25% for all recipients of longterm social welfare payments, including pensioners, families with children and people with a disability. Aiming at 78 per cent gross domestic product gdp growth in 34 years. About the union budget 2015 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. This is modi governments 6th union budget and 1st interim budget. Dec 28, 2018 finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Income tax rate cut to 5 pc for individuals having income between rs 2. We are bringing you the highlights and key announcements of budget 2015 16. Union budget 202021 india date and time, timings, income tax slab rate expectations. Brief summary, financial, general, family, it latest update. The key themes of the budget were in line with prime minister narendra modis initiatives swachch bharat mission, make in india and digital india. Some of the challenges mentioned by the finance minister are. 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.
Finance minister arun jaitley presented the first fullyear budget of prime minister narendra modis government on saturday. The main budget noninterest expenditure ceiling has been reduced by r25 billion over the next two years. Jan 24, 2018 fiscal deficit fiscal deficit seen at 3. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 2015 16 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. India union budget 2018 highlights pdf upsc materials. The world economy has been witnessing a sliding trend in growth, from 3. Tourism resources to be provided to start work along landscape restoration, signage and interpretation centres, parking, access for the differently abled, visitors amenities, including securities and toilets, illumination and plans for benefiting communities around them at various.
These changes have come into force with immediate effect. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Union budget 2019 highlights pdf download gr8ambitionz. Macroeconomic framework for the relevant financial year. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. Union budget 201819 live updates highlights pdf download. Please utilize them for building your knowledge and dont make them. Budget highlights 2015 gerard tully, fca chartered accountants claire rynne, fca budget 2015 14 october 2014 welcome we are pleased to provide our summary of the main taxation measures announced in budget 2015 together with an outline of the economic projections supporting the drafting of the budget. Union budget 201516 summary download pdf bankexamstoday. Any additions to personnel headcount for 201516 and 201617 will be paid for from existing allocations. Decongestion of heavy haul routes and speeding up of trains. From april 2016, she may have the option of selling her annuity for a lump sum without having to pay a tax penalty. Chidambaram said that the indias economy, the 11th largest in the world, had stabilized and was showing signs of turnaround.
Finance minister arun jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Indirect tax highlights february 28, 2015 key takeaways. Service tax change in service tax rate service tax rate increased from 12. The 2015 16 union budget of india was tabled in the lok sabha lower house of the parliament by arun jaitley, the union minister. 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.
Jul 10, 2014 the following are the union budget 201415 highlights. An employment tax incentive to support young work seekers and personal income tax relief of r7 billion are among the highlights of the 20 budget, tabled by finance minister pravin gordhan on. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. Memorandum explaining the provisions in the finance bill, 2015.
Insights into how budget 2015 will impact taxpayers and the. At these meetings, the committee heard reports from state agencies, approved grant applications, and adjusted other funds and federal funds expenditure limitations. When is union budget 2018 and where can you watch the budget session this year. Download union budget 201516 highlights file in pdf format. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Corporate tax will be reduced from 30% to 25% along with removal of various types of exemptions from f. Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16.
The interim budget for the financial year 201920 was announced on the 1 february 2019 by the interim finance minister piyush goyal. This budget has been driven by a populist push and the main purpose of it is to offer benefits to the middle class, salaried individuals, farmers, and so on. The analysis which has been done by our team looks at both the macro implications of the proposals as well as the impact on various sectors. Gross domestic product gdp growth of india for 2015 16 projected between 8. Union budget 2015 live update and budget highlights. Union budget 201516 india, indian union budget 201516. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. This was the first full year budget of the nda government and the second budget of arun jaitley. Mar 02, 2015 additional surcharge of 2% of the income tax on super rich, where the net income exceeds 1 crore. Finance minsiter arun jaitley introduced union budget 2015 16. Goods and service tax gst, jan dhan, aadhar and mobile jam for direct benefit transfer.
Check out the latest updates by clicking the below links and update yourself. Reuters highlights of union budget 201617 8 min read. Highlights of union budget 201516 affecting financial sector. Christmas can be a time of greater financial strain for families. Download pdf version of union budget 2019 highlights from here. Union finance minister arun jaitley presented union budget 2015 16 in the parliament.
Highlights direct tax proposals of union budget 2015 16. Union budget 2014 2015 highlights impact on machine. Railway budget 2015 highlights telangana state info. Finance minister arun jaitley arriving to present the general budget 2015 at parliament house in new delhi on friday.
Budget highlights indirect taxes central excise rate of. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Here is a pdf containing all the key highlights in union budget 2015 16. It was a budget for corporates as corporate tax reduced from 30% to 25%. Major highlights of proposed tax slab for ay 201819. Union finance minister arun jaitley announced the following highlights in the rail budget. Regards team exampundit books for 2015 bankinginsurance exams submit.