Chidambaram presented the interim budget 2014 15 in the lok sabha with an estimated plan expenditure of rs. The union budget 2014 15 was going to be a tough balancing act for finance minister mr. May 14, 2017 union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. Chidambaram presented the interim budget for the fiscal year 201415 on monday, february 17, 2014 to cover expenditure until the governments term ends in may, 2014. Times of india brings you indepth live coverage of union budget 2014, indian budget 2014 news and union budget 2014 highlights. Union budget keeps the account of the governments finances for the fiscal year that runs 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 of india 201415 highlights and analysis clear ias. While the fm touched upon the need for capital infusion in psu banks, the figure of rs,400 crore allocated this year was much lesser than rs15,800 crore the previous year. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong. A look at the union interim budget 201415 its march already. We have uploaded below the copy of union finance budget 201415 final for your reference. There has been a mix of both shortterm and longterm measures geared towards. An overview gdp growth rate dipped from an average of over 9 per cent in the previous three fiscal years to 6. As i prepared to write this speech, i found that whether it is a regular budget for the full year or an interim budget, some things remain the same. Union budget 2014 15 the budget was particularly positive for infrastructure, housing and agriculture. Interim budget 2014 didnt had many policy announcements, as it was the budget of an outgoing government. Interim budget vs union budget 201415 click to enlarge interim budget 2014 by p chidambaram and its shortcomings. The total plan allocation of ministry of science and tech for the financial years 2014, 2014 15, and 201516 was rs 5145 cr, rs 5495 cr and rs 7200. Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 2014 15 future vision conclusion 3.
Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. Indian interim union budget 2014 15 vote on account presented by mr p. In view of the nearing general elections and the current unrest among the people, in all likelihood, this interim budget will be aimed to strike an emotional chord with the aam janata. It contains the government of indias revenue and expenditure for the end of a particular fiscal year, which runs from april 1 to march 31, but this time it is presented earlier on 1 feb 2017 the union budget comprises the revenue budget and the capital budget, but now railway budget is. The interim union budget for 20142015 was presented on 17 february 2014. A detailed analysis of the union budget 201415 follows, with particular focus. This vote on account 2014 will cover expenditure until the governments term ends in may 2014. Vote on account for expenditure of the budget 2014 15 document 4 andhra pradesh in 2014 15 05. Upas interim budget 201415 vs ndas union budget 201415. Union budget 2014 15 financial year 2014 2015 finance budget of india you cant enter more than 5 tags.
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. Union budget 201415 sbicap securities limited 3 personal incometax exemption limit raised by inr 50,000 to inr 2. President of ficci, sidharth birla stated that the fm has set the ground for repair of the economy. Union budget is classified into revenue budget and capital budget. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. Key features of budget 20142015 the current economic situation and the challenges the world economy has been witnessing a sliding trend. What interim budget is, how it differs from fullyear budget. Challenging situation due to sub five per cent growth and double digit inflation. 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. Business today latest news interim union budget 2014. Sequence of presentation introduction terms and concepts used current economic situation analysis of union budget 201415 future vision conclusion 3.
Survey of socio economic trends and state plan 20141504. Budgetat a glance non debt capital receipts 6% rupee comes from borrowings and other liabilities 20% income tax 17% non tax revenue 10% customs 4% corporationtax 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% interest. The interim union budget of india for 20142015 was presented by finance minister, p. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Union budget 201415 india, indian union budget 201415, pdf. Arun jaitley, given the precarious state that the economy was in. Historical budget documents are available for reference purposes. Union budget 201415 financial year 2014 2015 finance budget of india you cant enter more than 5 tags. Merced union high school district 3430 a street, atwater, ca 95301 muhsd business services. Aiming at 78 per cent gross domestic product gdp growth in 34 years. This will be a critical budget as it would be the first non congress budget after more than a decade. 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. Budget at a glance 201415 india union budget 20142015.
Union budget 201819 live updates highlights pdf download. Contrary to market expectations, the budget for 2014 15 revised udget estimates or rbe indicates a similar fiscal deficit of rs. Wpi registered a growth rate of nearly per cent in august 2008 and had an. Unlike a fullyear budget, an interim budget covers a smaller period of time finance minister arun jaitley will present budget 2019 on february 1. Get the latest news and views of the union budget 201415. The interim union budget of india for the year 2019 was presented by acting finance minister. It is in pursuance of clause 1 of article 280 of the constitution, read with the provisions of the finance commission miscellaneous provisions act, 1951 e. There are two kinds of revenue receipts tax and nontax revenue. Unlike a fullyear budget, an interim budget covers a smaller period of time finance minister arun jaitley will present budget 2019 on. Indian interim union budget 201415 vote on account by. Income tax exemption limit raised by rs 50,000 to rs 2. Check budget 2019 expectations, income tax slab and budget reactions. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget.
The government of india, with the approval president of india, has constituted fifteenth finance commission. Feb 17, 2014 key features of budget 2014 2015 the current economic situation and the challenges the world economy has been witnessing a sliding trend in growth, from 3. Comparison of union budget 201415, 1516, 1617, 1718. Chidambaram minister of finance february 17, 2014 madam speaker, introduction i rise to present the interim budget for 2014 15. People have voted for a change and india desires to grow. Union budget 2014 15 banking, financial services and insurance july 2014. Budget tries to satisfy interest of narendra modi, moodys. The budget is first budget of narendra modi government.
Revenue budget includes the governments revenue receipts and expenditure. The interim union budget for the financial year 20 2014 shall be presented by the honable finance minister p. It contains the government of indias revenue and expenditure for the end of a particular fiscal year, which runs from april 1 to march 31, but this time it is presented earlier on 1 feb 2017. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Here are highlights finance minister arun jaitley announced in his. Budget reports business new haven unified school district. Business today brings you the latest from the interim union budget 2014 15 announced by finance minister p chidambaram. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture.
Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. Business today brings you the latest from the interim union budget 201415 announced by finance minister p chidambaram. Budgets and fresh goals are discussed enthusiastically as we plan for the financial year ahead. The union budget 201415 was going to be a tough balancing act for finance minister mr. The interim union budget for the financial year 202014 shall be presented by the honable finance minister p. 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. The master planning of three new smart cities in the chennaibengaluru industrial corridor region, viz.
We will update the pdf file of 2018 budget when the budget sessions are completed. Jul 10, 2014 the budget is first budget of narendra modi government. Indian interim union budget 201415 vote on account. The tax rates for financial year 201415 assessment year 201516 in comparison to financial year 2014assessment year 201415 are as per annexure i. Union budget 2014l15 is the first budget of the new government at the centre. Enter one or more tags separated by comma or enter. The tax rates for financial year 2014 15 assessment year 201516 in comparison to financial year 2014assessment year 2014 15 are as per annexure i. Wpi registered a growth rate of nearly per cent in august 2008 and had an equally sharp fall to zero percent in march 2009. Shriram city news letter breeze 1st march 2014 think like a wise man but communicate in the language of the people william butler yeats a look at the union interim budget 201415 its march already. Survey of socio economic trends and state plan 2014 15 04. Analysis of union budget 2014 15 linkedin slideshare. And that resources for developmental expenditure cannot be raised at the. Union budget 201415 india, indian union budget 201415.
So, stay tuned to this page for pdf file of union budget 201819. Education cess to continue at 3% exemption under section 80c is raised to inr 1. A detailed analysis of the union budget 2014 15 follows, with particular focus on. It will also set the tone for policy stance relating to fiscal issues as well as economic reforms. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs. Indian finance minister arun jaitley presented the union budget 201415 today. 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. Chidambaram presented on 17th march 2014, the interim budget for the fiscal year 201415.
As per new budget tax exemption limit for individual is raised to 2. 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. Vote on account for expenditure of the budget 201415 document 4 andhra pradesh in 20141505. Budget 2019 india union budget 20192020 expectations. Chidambaram presented on 17th march 2014, the interim budget for the fiscal year 2014 15. Medium term fiscal policy cum fiscal policy strategy statement. Union budget 201415 banking, financial services and insurance july 2014. The union budget of india, also referred to as the annual financial statement in the article 112. You can download the whole budget documents from the website diabudget. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15.
Dear professional colleague, the honble finance minister p. Excise duty on cars, twowheelers, suvs and capital goods and consumer durables has been slashed to boost the manufacturing and growth. A detailed analysis of the union budget 201415 follows, with particular focus on. 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.
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