Union 1 budget highlights fiscal deficit projected at 5. The following are the major highlights of the union budget 2014 presented by the honble finance minister mr. This strong outlook reflects growing export demand, low interest. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Union budget 2014 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. What were the main highlights of the indian budget 2012. Complete coverage on union budget 20 2014, budget 20 highlights, indian railway budget. Union budget 20 14 final authorstream presentation. Highlights of indian union budget 202014 quick summary. 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. Government of india ministry of finance press information.
Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. National health mission nhm services to an ageing population. Here are some highlights of what education received from the budget 2014. 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 budget documents presented to parliament comprise, besides the finance ministers budget. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. In addition, the highlights of the union budget 20 presented by minister of finance mr chidambaram today are the following. India infrastructure finance corporation iifc, in partnership with adb will. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. The survey highlights the need for stable and consistent policies and rapid investment in. The budget 201718 has been marked by historic economic policy developments. Rs 14,000 crore capital infusion into public sector banks in 2014 psu banks to have atms at all their branches by march 31, 2014 rs 6,000 crore to be allocated for rural housing fund in 2014. Indian union budget 2014 date, indian general budget.
Highlights of union budget 20112012 times of india. Jul 10, 2014 the following are the union budget 201415 highlights. The following are the major highlights of the union budget 20 14 presented by the honble finance minister mr. Latest budget news reports, views, budget videos, budget analysis, budget 20. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. India budget 20 2014 highlights key features of budget 20 2014. Including state wise highlights of maharashtra goa karnataka gujarat west bengal madhya pradesh himachal pradesh delhi jammu kashmir assam and kerala courtesy. Memorandum explaining the provisions in the finance bill, 20. In 2014, only china projected to grow faster than india. Union government appropriation accounts civil 199697 measures. Budget, if implemented earnestly, will augur really well to achieve the big picture envisioned by the government. I have quickly summarised the major highlights of this budget on one page for your quick read.
The union budget of india for 202014 was presented by finance minister, p. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Budget 20, live budget, budget 2014 india, union budget 2014, budget 20 expectations, p chidambaram, post budget budget 20 highlights. Rs 14,000 crore capital infusion into public sector banks in 20 14 psu banks to have atms at all their branches by march 31, 2014 rs 6,000 crore to be allocated for rural housing fund in 20 14. Indian union budget 2014 date, indian general budget 20. 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. The following are the union budget 201415 highlights. Trends in expenditure at the state level there are wide variations in spending amongst states. First home buyers who avail home loan in fy 2014 up to rs. 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. Highlights and impact of the union budget 2014 on the. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs.
Budget highlights budget statement 2017 18 1 5 the outlook from 201718 has been upgraded by. India budget 202014 highlights key features of budget 202014. His speech was marred by protests over the proposed division of a telangana state. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. He said that india will become usd 5 trillion economy, and among top five in the world by 2025. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Detailed alberta government budget documents, quarterly updates and. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. Tax deduction at source on transaction of immoveable. How does india government plan to raise income as per union budget 20 14. 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.
Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Dear all, please find attached budget 2014 highlights attached files budget highlights 20. Pan to file income tax returns by only citing their aadhaar number. 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. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. Garment manufacturers upbeat about the union budget labour law reform in the making uniqlo explores local sourcing opportunities pakistan. Key highlights of the union budget 201516 the broad highlights of the union budget 201516 are as under unified national agriculture market. Download all india vat budget highlights 2014 file in pdf. Tax deduction at source on transaction of immoveable property with resident it is proposed, w. 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. Budget for 2014 to have one overarching goal of creating opportunities for our youth to. News and highlights for india union budget and railway budget for the year 2011 2012. The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Presentation of the union budget 201718 budget 201718 not only subsumed the railway budget but was also advanced to 1 february to enable ministries to operationalise all activities from commencement of the fy on 1 april.
The union budget 2014 is being presented at a time when the growth. Kotak securities brings you various videos on the analysis and highlights of budget 2014 by our panel of financial experts. This was followed by uidssmt with 37 percent up from 20 percent in fy 201112, bsup at percent and ihsdp at 8 percent of total allocations. 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. Jnnurm budget was allocated to the uig down from 64 percent in fy 201112. Check out the key highlights of indias 2019 budget, incl. The main highlights of union budget 201220 are presented on this page. 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. Union budget 20 14 highlights pdf download friday, march 01.
Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Union budget 20 14 highlights pdf download gr8ambitionz. Chidambaram on 28 february 20, 11 am salient features of the budget. February 28, 20 the proposals made in the finance bill 20 bill are as follows. Thursday has presented the union budget for the financial year 2014. Rs 27,049 crore allocation to the agriculture ministry in 2014. Rs 1 lakh crore allotted for enhancing skills of youth. The government has announced creation of a unified national agriculture market. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. Download all india vat budget highlights 2014 file in. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14 % for 2012.
The 2017 union budget, presented by finance minister arun jaitley on wednesday, was broadly focused on 10 themes the farming sector, the rural population, the youth, the poor and underprivileged health care, infrastructure, the financial sector for stronger institutions, speedy accountability, public services, prudent fiscal management and tax. Abatement in case of construction for residential units having carpet area upto 2000 sq. Regional budget highlights 2014 regional development. The finance minister on thursday unveiled higherthanexpected spending for fiscal 2014 on thursday, aiming to fund it with higher revenues including new taxes on the rich and large companies in a budget aimed at reviving growth amid the countrys worst slowdown in. Plan expenditure for the year 201415 will rs 5,55,322 crore. 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.
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