Jul 10, 2014 highlights of union budget 2014 15 welfare of senior citizens committee to be setup to make recommendations to use unutilised balances in pf and post office ac, arun jaitley says. The new government has unveiled the union budget 201415 with a. Jul 10, 2014 today is a big day when it comes to hopes from modis first budget. Here is a look at some of the budgets main points and full text of the budget.
Jul 10, 2014 the following are the union budget 2014 15 highlights. Detailed information is available in the relevant budgetdocuments. Union budget 201415 india, indian union budget 201415, pdf. Mandatory furnishing of return of income by certain persons.
Finance minister arun jaitley on thursday presented the union budget for fiscal 201415 in the lok sabha. A detailed analysis of the union budget 2014 15 follows, with particular focus on. Gross domestic product gdp growth of india for 201516 projected between 88. What often has been our challenge as a country has been our implementation discipline.
Merging of nri investment route with foreign investment route. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Union budget 201516 india, indian union budget 201516. Highlights of union budget 201415 pdf download highlights of union budget 201415 pdf download. Union budget 201516 india, indian union budget 201516, pdf. Jul, 2014 here are the highlights of the budget 2014 presented today. The direct tax revenue collection has increased from rs 6. Gross domestic product gdp growth of india for 201516 projected between 8. Here are the highlights of the budget 2014 presented today.
The union budget of india, also referred to as the annual financial statement in the article 112. Excise duty on suvs to be increased to 30 per cent from. Institutional credit for agriculture sector increased from rs 8. As in 201415, the proposed budget results in a tax levy that is lower than the new york state limit and lower than the previous years levy. Ease of living underlined by the three themes of union budget 202021. Major highlights of union budget 201415, indian new budget 2014, budget highlights 20142015, budget features, budget news, budget notifications, major changes in budget 201415, budget documents, 201415 budget, budget speech, india budget 20142015. Eu budget 2014, financial report european commission. 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 main highlights dealing with the fastestgrowing major advanced economy in the world are detailed below. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Highlights of union budget 201920 and economic survey 201819 pdf. The union budget for 2014 15 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Preface the budget in briefpresentsa summary of the federal budget 201415.
As shown in the consolidated financial framework presented in the table below, the budget will be balanced in 20152016 as pledged by the government. Highlights of budget 2014 15 1 receipts estimated revenue receipts of 2014 15 are rs. The main budget noninterest expenditure ceiling has been reduced by r25 billion over the next two years. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. The main budget noninterest expenditure ceiling has been reduced by. India budget analysis a change in direction deloitte.
In the long run, the government must develop the economy, and align the growth rates of. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness. Highlights of budget 201415 budget highlights budget. In the long run, the government must develop the economy, and align the growth rates of government revenue and expenditure. Total tax revenue receipts in 201415 are estimated to be rs. Union budget of india 201819 highlights pdf cracku. Budget 201415 2 page profession tax proposals the tax exemption limit of profession tax for low salaried class and wage earners increased from rs. Budget strategy and outlook 201415 is one of a series of budget. Brief summary, financial, general, family, it latest update. There is a successor plan for the next term gsgda ii.
California is stronger than ever today, and the budget found in the. Key features of budget 20142015 the current economic situation and the challengesthe state of world economy has been the most decisive factor affecting the fortunes of every developing country. While reducing the districts spending, the proposed budget. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15. Finance minister jim flaherty has tabled his 2014 federal budget in the house of commons. Total tax revenue receipts in 2014 15 are estimated to be rs. The chancellor has delivered a radical budget, with major changes to isas, encouragement for home owners and a proposed fundamental shakeup in the way that we access our pensions. When is union budget 2018 and where can you watch the budget session this year. Highlights of the report of the working group on longterm fiscal planning. In developing the inventory, omb allowed for significant discretion in several areasleading to a variety of approaches for defining programs. Here is a look at some of the budget s main points and full text of the budget.
It is proposed to do away with the condition of the date of joining in. Spending programmes over the next three years, government will spend. Union budget 201415 highlights the hindu businessline. Union budget 201819 live updates highlights pdf download. Highlights of union budget 2014 15 pdf download highlights of union budget 2014 15 pdf download.
If you like this, then please share it with your friends. It can improve your productivity whether you work from home, on the go, or in the office. Budget connect 2016 2 budget connect 2016 information in this publication is intended to provide only a general outline of the subjects covered. Additionally rail budget, presented separately for 92 years, merged with. Budget 2015 outlines a fiveyear fiscal recovery plan to return the province to surplus in 202021. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Nriportfolio investment scheme route is proposed to be merged with. Governors budget summary 202021 california budget ca. The highlights are as follows fiscal deficit is indeed daunting. Budget 2014 15 highlights and effect on your finance. His speech was marred by protests over the proposed division of a telangana state. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014. 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. Following are the highlights of the union budget 201415 presented by finance minister arun jaitley in parliament on july 10, 2014 incometax exemption limit raised by rs 50,000 to rs 2.
The bill proposes to reduce the initial depreciation of building from 25 percent to 10 percent. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. This will be achieved through a series of measures. Union budget 201415 highlights pdf download gr8ambitionz. Budget highlight 2014 15 service income, prize bonds and commission income which fall under presumptive tax regime ptr shall be required to file account and other documents in order to avail facility of ptr. Budget the economy the 20 budget was based on the ghana shared growth and development agenda gsgda. Planning for june 2014 and september 2014 community events to bring community awareness to the berkeley community arts teams work in 2014 and merge with the berkeley arts education. Apowersoft pdf converter is the best budget pdf converter and merger for android. A detailed analysis of the union budget 201415 follows, with particular focus on. The following are the union budget 201415 highlights.
Debt stock as a percentage of gdp is expected to stabilise at 43. Backed by the strongest mandate in decades, the new government unveiled its maiden budget, riding on high expectations that it will reverse. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. Salary expenditure in 201415 has been estimated to be rs. Assumes spending requirements presented to the board on may, 2014 i. Oct 31, 2014 to date, the approach used by the office of management and budget omb and agencies has not led to the inventory of all federal programs, along with related budget and performance information, envisioned in the gpra modernization act of 2010 gprama. Check out the latest updates by clicking the below links and update yourself. I added separate post on the new tax slabs for fy 201415 fy 201516. 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 union budget of india for 20142015 was presented by arun jaitley on 10 july 2014. Union budget 20182019 live updates, live streaming, online watch, highlights, pdf file free download, 2018 railway budget and pdf file download.
Singapores deputy prime minister and finance minister tharman shanmugaratnam has unveiled the countrys 2014 budget that looks to the future but at the same time does not forget the. Let us take a look at each budget points which may impact your finance. The key highlights of union budget 202021 are as follows. Warehousing infrastructure rs 5000 crores the finance minister said that increasing warehousing capacity for increasing shelf life of. Highlights of budget 201415 1 receipts estimated revenue receipts of 201415 are rs. Small businessmen provided exemption of profession tax upto turnover of rs. Surcharge of 10 per cent for taxable incomes above rs.
Charter school growth, categorical funding changes, increase to retirement rate for the operating budget, assumes a tax roll increase of. Highlights union budget 2018 2019 with pdf download. Budget highlight 201415 service income, prize bonds and commission income which fall under presumptive tax regime ptr shall be required to file account and other documents in order to avail facility of ptr. The bill proposes to reduce the initial depreciation of. Below are the highlights of union budget for the financial year 2014 15 you can download the pdf version of union budget 2014 15 highlights from here. Read the key highlights, tax rebates, relief to msmes and major.
Budget 201415highlights and effect on your finance. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Highlights lthe composite cap of foreign investment to be raised to 49% with full indian management and control through the fipb route. Not possible to remove mat levied on advance tax for now. California, private insurers, selfinsured employers, and othersto combine their. We will follow it up with a more detailed analysis fiscal deficit fm vows to keep fiscal deficit target of 4. Exemption limit for investment in financial instruments under 80c raised to rs 1. Income tax exemption limit raised by rs 50,000 to rs 2. Proposition 2, passed by the voters in 2014, requires minimum. Feb 01, 2018 budget 2018 lends fiscal prudence with the requirements and needs of the economy today, arun jaitley told the media focused to develop rural and agricultural sector, says arun jaitley after.
Today is a big day when it comes to hopes from modis first budget. British columbia is now in the enviable position of having a. 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. A minutebyminute account here are the top highlights from todays budget that may matter to you. Convert pdf in batch using apowersoft pdf converter, it will be easy to convert many files at one time. Mar 19, 2014 the chancellor has delivered a radical budget, with major changes to isas, encouragement for home owners and a proposed fundamental shakeup in the way that we access our pensions. However, it will require a significant slowdown in spending growth starting in 2014 2015. However, it will require a significant slowdown in spending growth starting in 20142015. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. It providessalient information on revenues and expenditures budgeted for financial year 201415alongwith budget estimates and revised estimates for the outgoing financial year 2014. Major highlights of proposed tax slab for ay 201819. Union budget 201415 india, indian union budget 201415. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
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