Union budget is defined under article 112 of the indian constitution. Union finance minister arun jaitley arrives at parliament house to present the union budget, in new delhi on thursday. Union budget 201415 department of economic affairs. However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Infusion of equity in banks amounting to rs 2,40,000 cr by 2018 in line with baseliii norms. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Union budget 2014 15 impact on the private equity investments 3 overview two of the major asks of the pe fraternity have not been met. The union budget consists of a detailed account of. You can check 100 key highlights of union budget 2020. Union budget 201415 10th july, 2014 industry the amritsar kolkata industrial master planning will be completed expeditiously for the establishment of industrial smart cities in seven states of india. Union budget 2020 summary get the highlights of the. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. Get the latest news and views of the union budget 201415.
The union budget of india for 20142015 was presented by finance minister, arun jaitley on. Introduction of union budget the budget is introduced in lok sabha by the finance minister in the form of a budget speech. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. 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. We congratulate shri jaitley, honble union minister, smt. Jul 11, 2014 union budget 201415 highlights, full text of arun jaitley speech highlights of union budget 201415 as presented by finance minister of india arun jaitley. After the passing of the fiscal responsibility and budget. As per new budget tax exemption limit for individual is raised to 2.
No discussion takes place on the day of introduction of the budget. Union budget 202021 india date and time, timings, income tax slab rate expectations. Here we are providing all pdf s related to union budget 2020. 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. Download the pdf file of union budget 2014 15 highlights from here. Overview of the interim budget in order to sustain the pace of plan expenditure, it has been kept at the same level in 201415 at which, it was budgeted in 2014. At the end of the speech the budget is laid down before rajya sabha by junior minister. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Union budget of india 201415 highlights and analysis clear ias. The task became daunting with the fiscal deficit crossing 45. Analysis of union budget 2014 15 linkedin slideshare. It will also set the tone for policy stance relating to fiscal issues as well as economic reforms. Union budget 201415 highlights the hindu businessline. Union budget 20142015 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 2014 15 mark an increase of 26. This will be a critical budget as it would be the first non congress budget after more than a decade. After banking, software is the second most preferred sector with mfs having exposure followed by pharmaceuticals and finance. The total projected expenditure in the union budget 201415 is.
The union budget has provided a roadmap that the government wants to follow over its 5year term in office. Management act, 2003, the process of fiscal consolidation saw the fiscal deficit. 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. Interim budget 2014 didnt had many policy announcements, as it was the budget of an outgoing government. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. The union budget 20142015 aims to cater all groups of the society with a. Union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness, current affairs, current affairs important updates 11 comments sponsored links. Institute applauds the recommendations made in the union. 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.
Growth in the third and fourth quarter of the current year is expected to be 5. The total expenditure as per union budget 201415 is rs. Ministriesdepartments which run key flagship programmes have been provided adequate funds in 201415 either equal to or higher than in the be 2014. Union budget 201415 india, indian union budget 201415, pdf. Union budget of india is the countrys comprehensive annual financial statement. The government will present the union budget 2019 on february 1, a day after the budget session of parliament commences on january 31. 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. There was a clear expectation that gaar would be deferred if not diluted. Arun jaitley, presented the union budget for 201415 on july 10, 2014. Download the pdf file of union budget 201415 highlights from here. The union budget 2014 15 was going to be a tough balancing act for finance minister mr.
These mainly include the deferment of gaar general anti avoidance rules and clarity on taxation of indirect transfer of shares. Contrary to market expectations, the budget for 201415 revised udget estimates or rbe indicates a similar fiscal deficit of 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. Plan expenditure for the year 201415 will rs 5,55,322 crore. The budget documents presented to parliament comprise, besides the.
Full text railway budget 201415 speech of sadananda gowda download in pdf. 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. A detailed analysis of the union budget 201415 follows, with particular focus on. Pdf the article examines the provisions in the union government of budget for 2014 15 about the foreign trade promotion of india. Mr modi wants to put his team in place before signing off on any path breaking reforms gst, land reforms, big infra projects.
Macroeconomic framework for the relevant financial year. Key to budget documents pdf file opens in a new window. The master planning of three new smart cities in the chennaibengaluru industrial corridor region, viz. Impact analysis union budget 201415 namo led budget for markets.
Market valuation at this point in time looks fairly valued. This document presents our analysis of the priorities and trends in the union budget with regard to the sectors and issues that are directly relevant for. Union budget 201415 highlights pdf download gr8ambitionz. 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. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. Union budget of india 201415 highlights and analysis. On may 16, the bjp came to power with 282 seats, the most won by a single party in 30 years. The union budget is also known as the annual financial statement. Union budget 201415 impact on the private equity investments 3 overview two of the major asks of the pe fraternity have not been met. The nonplan expenditure in 2014 15 has been estimated at 1207892 crore rupees. Arun jaitley, presented the union budget for 2014 15 on july 10, 2014.
Impact analysis union budget 201415 mfs exposure to bank stocks hits recordhigh of rs 55k cr. In addition, since an interim budget for expenditures up till. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. 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. The record of maximum presentations of budget 8 budgets and 2 interims was held by mr. Upas interim budget 201415 vs ndas union budget 201415. Overview of the union budget 201415 grant thornton india.
Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. The union budget 201415 was going to be a tough balancing act for finance minister mr. Budget estimates total expenditure budgeted at rs 1,794,892 crore and 26. Historical budget documents are available for reference purposes. Medium term fiscal policy cum fiscal policy strategy statement. With it, the day of the budget presentation was shifted from the end of february to the first day of february. May 14, 2017 union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. There has been a mix of both shortterm and longterm measures geared towards.
Union finance minister arun jaitley arrives at parliament house to present the union budget. Memorandum explaining the provisions in the finance bill, 2011. Watch videos, top stories and articles on union budget 2014 15 at. The budget 202021 will be presented by finance minister nirmala sitaraman. The union budget 201415 was going to be a tough balancing act for. 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. Expectations from the union budget 201415 the union budget for 201415 fy15 is to be presented in the parliament on 10th july 2014. Union budget 201415 impact on the technology sector 5 direct tax proposals advance pricing agreement apa rollback provisions are introduced under the current apa regime wherein the negotiated apa terms can now, at the option of assessee, be applied for upto 4 previous years, prior to the first year to which apa applies. Jul 10, 2014 the following are the union budget 2014 15 highlights. Comparison of union budget 201415, 1516, 1617, 1718. Analysis of union budget is a publication which centre for budget and governance accountability cbga brings out every year following the presentation of the union budget in parliament. Indias health budget gets 27 percent hike india on thursday hiked its health budget by 27 percent in 201415 to rs.
An assessment which would more than offset a marginal increase in total expendituregdp ratio table 1. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget. The union budget presented for 201718 was pathbreaking in many ways. It was a sweeping mandate for change, jobs, growth. 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. Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3. Capital of banks to be raised by increasing the shareholding of. Jul 10, 2014 union budget 201415 highlights pdf download thursday, july 10, 2014 banking awareness, current affairs, current affairs important updates 11 comments sponsored links. Total union budget allocation for economic affairs under ministry of finance, it includes allocation for national savings institute,interest on deposits under compulsory deposit income tax payers scheme,forward markets commission fmc,contribution to undp, budget prepration,indian economic service ies officers. And that resources for developmental expenditure cannot be raised at the.
So you can get more knowledge about the planning of government for this year. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Commitments promises by bjp sarkar in union budget 20142015. A detailed analysis of the union budget 2014 15 follows, with particular focus on. To sustain the pace of plan expenditure, it has been kept at the same level in 2014 15 with 555322 crore rupees has been provided under the plan expenditure as it was budgeted in 2014. Arun jaitley, given the precarious state that the economy was in.
Budget at a glance 201415 india union budget 20142015. Union budget 2014 15 10th july, 2014 budget 2014 15 holistic plan of action the finance minister while presenting the budget takes cognizance of the fact that decisive action to fuel growth without populism is the need of the hour. Union budget 201415 india, indian union budget 201415. This note examines in detail the proposed expenditures and receipts of the central government. Plan allocation of 5,75,000 crore in the main budget 201415 mark an increase of 26. The government presents it on the first day of february so that it could be materialised. Union budget 2014 15 sbicap securities limited 2 the union budget 2014 15 was largely in line with the expectations, it was both dynamic and reform oriented with due focus accorded on reviving the low growth trajectory, seen over the last decade. Pdf the article examines the provisions in the union government of budget for 201415 about the foreign trade promotion of india. The following are the union budget 201415 highlights. Interim budget vs union budget 201415 click to enlarge interim budget 2014 by p chidambaram and its shortcomings. Union budget 2014 15 the narendra modi led nda government has been faced with the task of improving the economic health of the country along with improving the fiscal health.
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