Govt announces nirbhaya fund for safety, empowerment of women union budget 2014. Indian union budget,indian budget, economic survey, budget. I recall my last tenure as finance minister and acknowledge with gratitude the splendid support that i received from all sections of the house as well as the people of india. Latest budget news reports, views, budget videos, budget analysis, budget 20. Union budget 20 14 highlights pdf download gr8ambitionz.
Most of the people have demanded to increase tax exemption limit from 2 lac to 3 lac in this budget, but tax limit remains unchanged. Iibf vision 2 march 20 union budget highlights top stories. 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. Key highlights of union budget 201415 and direct tax. 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.
How does india government plan to raise income as per union budget 20 14. Overview of the union budget 2014 grant thornton india. Faced with huge fiscal deficit, india had no choice. Indias 82nd signals decisive shift to highvalue agriculture tax credit of rs 2,000 for persons with income up to rs 5 lakh. Budget 20, live budget, budget 2014 india, union budget 2014, budget 20 expectations, p chidambaram, post budget budget 20 highlights. Social welfare, education and medical services are the major spenders of public resources. Person taking a home loan for his first home during the period 2014 will be entitled to an additional. Overview of the union budget 2014 2 without growth, there will be neither development nor inclusiveness, the finance minister rightly acknowledged it in his budget speech by stating that foreign direct investment is not a matter of choice, it. Budget highlights key features union budget of india. Union budget 2014 impact on the healthcare sector 3 an overview an overview accounting for 5. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training.
What were the main highlights of the indian budget 2012. First home buyers who avail home loan in fy 2014 up to rs. In graphics updated on march 12, 2018 published on february 28, 20 related. India budget 202014 highlights key features of budget 202014. Mar 06, 20 finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Women belonging to the most vulnerable groups, including single women and widows, must be able to live with selfesteem and dignity. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20.
India budget 20 2014 highlights key features of budget 20 2014. The gross domestic product gdp of india is estimated to have grown at 8. 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 201112 highlights budget highlights 201112. Union budget 201112 highlights budget highlights 201112 swift and broad based growth in 201011 has put the economy back to its precrisis growth trajectory. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. The healthcare expenditure of the country, which represents a mere. 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. His speech was marred by protests over the proposed division of a telangana state. Kotak securities brings you various videos on the analysis and highlights of budget 2014 by our panel of financial experts. Mar 16, 2012 financial highlights of budget 201212. Memorandum, memorandum of budget 2014, budget memorandum, indian new budget 20, budget features, budget news, budget notifications, major changes in budget 2014, 2014 budget, india budget 202014. It also explains, in brief, the budget proposals for allocation of funds to be made in important areas.
The following are the highlights of union budget 20. Chidambaram on 28 february 20, 11 am salient features of the budget. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today.
Union budget 20 highlights no changes to the income tax slab or the rates and an additional rebate for people with income less than rs 5 lakhs are the main highlights of the budget. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. Here are some highlights of what education received from the budget 2014. Indian union budget 2014 date, indian general budget. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. Person taking a home loan for his first home during the period 2014 will.
Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. News and highlights for india union budget and railway budget for the year 2011 2012. Key to budget 202014, key to union budget, budget documents, key to budget 20, updated union budget of india 2014, indian new budget 20, budget highlights, budget news, budget notifications, budget changes, budget documents, 2014. 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. 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 for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. Union budget 20 14 final authorstream presentation. The union budget for 2014 has forecast a fiscal deficit refer chart 1 of 4. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Tax deduction at source on transaction of immoveable property with resident it is proposed, w. Government of india ministry of finance press information. The main highlights of union budget 2012 20 are presented on this page. 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.
National health mission nhm services to an ageing population. Additional benefit of rs 2,000 to individual tax payers with taxable income of up to rs 5 lakh is given. Hemang jani explains how the union budget 20 should look like and how its. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Budget speech 2012, budget highlights 2012, budget 2012, india budget 2012, budget speech, new india budget, india new budget, budget 2012 india, union. 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. The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Economic highlights14 june 20 eac 2014 budget highlightspage 7 8. Iibf vision 2 march 20 union budget highlights top stories banking policies banking policies rbi proposes stricter restructuring norms rbi has proposed tough restructuring norms for.
Indian union budget 201819 indian finance minister mr arun jaitley presents 1st feb 2018, the union budget for fiscal year 2018 19. 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. Gross domestic product gdp growth of india for 201516 projected between 88. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Union budget 201516 india, indian union budget 201516. In addition, the highlights of the union budget 20 presented by minister of finance mr chidambaram today are the following. 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. Preparatory work started for bengaloorumumbai industrial corridor. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10. Government of india ministry of finance 28february20. Plan expenditure for the year 201415 will rs 5,55,322 crore. The union budget of india for 202014 was presented by finance minister, p.
Highlights of union budget 20112012 times of india. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. 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. Set aside 100 billion rupees towards spending on food subsidies in 2014. People taking a home loan in 2014 for an amount up to rs 25 lakh will be allowed an additional deduction of rs 1 lakh. Union budget 201516 india, indian union budget 201516, pdf. Budget highlights in direct tax particulars fy 202014 fy 2014 15 tax rates. Eac budget highlights one stop border post bill 20 was passed bythe assembly eac customs management amendment bill20 was also passed into law. The main highlights of union budget 201220 are presented on this page.
Tax deduction at source on transaction of immoveable. Medium term fiscal policy cum fiscal policy strategy statement. 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. Rs 1 lakh crore allotted for enhancing skills of youth. Growth in the third and fourth quarter of the current year is expected to be 5. Key highlights of union budget 201415 and direct tax proposals. Highlights and impact of the union budget 2014 on the. Direct proposals to give in net revenue loss of rs. Indian union budget 2014 date, indian general budget 20. Complete coverage on union budget 20 2014, budget 20 highlights, indian railway budget.
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