The 2015 16 union budget of india was tabled in the lok sabha lower house of the parliament by arun jaitley, the union minister of finance, on 28 february. Union budget 20152016 presented by finance minister arun jaitley live duration. Highlight of union budget for fy 201516 download pdf of. This was the first full year budget of the nda government and the second budget of arun. The union budget is presented to the parliament in two parts. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. The following are the major tax related changes introduced in union budget for 201516 presented by arun jaitley in parliament today. Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16. Union budget of india 201516 highlights and analysis clear ias. Union budget 201516 is special as this is the first budget after the creation of national institution of transforming india niti and acceptance of 14th finance commissions ffc recommendation of substantially higher devolution of union taxes to states.
Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. The analysis which has been done by our team looks at both the macro implications of the proposals as well as the impact on various sectors. This effort of care has been part of our tradition to provide this analysis as soon as possible after. This was the first full year budget of the nda government and the second budget. Following are the highlights of the union budget 2015 16 presented by finance minister arun jaitley in parliament today. Union budget 202021 highlights of union budget 2020. The highlights of the union budget are as following. Finance minister arun jaitley presented the union budget 201516. The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the easeofdoing business while keeping its focus on infrastructure development.
Regards team exampundit books for 2015 bankinginsurance exams submit. Budget documents highlights of the railway budget 201516 pdf. Economic survey not only provides a comprehensive report card of the performance of various sectors of the economy over the past one year but is also provides an outline for the year ahead. Personal indisposition or the weight of expectations of over a billion indians one. It is a wellbalanced budget and the fact that the implications of this budget will boost the morale of indian economy to an inclusive growth. Finance minister arun jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. So in this post, we are sharing with you the highlights of the union budget. We are bringing you the highlights and key announcements of budget 2015 16.
This is the second budget of narendra modi led nda governments second term. The budget, or officially, the union budget, is the prime written representation attributing the financial planning and strategy of the government of india for the next financial year. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. With the economy hitting a sixyear low gdp growth, union finance minister nirmala sitharaman presented the budget 2020 on saturday that focused on raising the purchasing power by cutting income tax rates and boosting. Regulatory the policy announcements in the budget have been made in the backdrop of technological developments and the peaking of indias population in the productive age groups, a steady focus on ease of doing business and ease of living for all citizens. Expansion of rail capacity is one of the highlights of the 201515 railway budget, presented in parliament today by the minister of railways, suresh prabhu. Union budget 2019 highlights pdf download gr8ambitionz.
Objectives of tax policy objective of stable taxation policy and a nonadvers arial tax administration. Union budget of india 201516 highlights and analysis. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. Memorandum explaining the provisions in the finance bill, 2015. Please utilize them for building your knowledge and dont make them commercial. Click here to download pdf file of highlights of union budget, 201516. Find union budgets, state budgets, rbi data and municipal budgets across years. Finance minister arun jaitley presented the first fullyear budget of prime minister narendra modis government on saturday.
Highlights of the railway budget 201516 the hindu centre. Finance minister arun jaitley, who is presenting the union budget for fiscal 2015 16 in the parliament, on saturday said, with the fiscal space reduced, the government has decided to continue supporting important national priorities. The top key highlights of jaitleys budget for the fiscal year that begins on april 1,2015. Union budget 2015 live update and budget highlights times. Union finance minister arun jaitley today 28 february 2015 presented the union budget 201516 in parliament. Expectation from budget was very high, but budget seems to be highly disappointing. Union budget highlights 201516 states to be equal partners in economic growth. No change in rate of service tax from 1 april 2015.
Gdp growth in 201516, projected to be between 8 to 8. Finance minister arun jaitley presented the union budget 201516 at. Finance minister arun jaitley is presenting the union budget for fiscal 201516 in the lok sabha. Vision ias summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Arun jaitley announced his first full union budget 201516 on 28th february. Feb 28, 2015 union finance minister, arun jaitley on 28 february 2015 presented union budget 2015 16 in the lok sabha. Lets look at key highlights of union budget 201516. Questions related to this budget will surely be asked in upcoming competitive exams and mainly in bank exams. Gs score summary of union budget 202021 pdf upsc materials. It was the first full year budget of the nda government under leadership of prime minister of narendra modi and the second budget of arun jaitley as finance minister. Union budget 201516 is announced by finance minister arun jaitley today. This will be our true and meaningful tribute to our freedom fighters. Smoking, eating out, air travel to be costlier manufacturing sector neglected. Feb 28, 2015 finance minister arun jaitley presented the union budget 201516 at the lok sabha on february 28, 2015.
Know the major budget allocations, new schemes announcement, revised income tax structure, banking reforms and other initiatives. Feb 26, 2015 the highlights of the railway budget 201516, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the following link. The union minister for finance and corporate affairs smt. Union budget of india 201819 highlights pdf cracku. Union budget 201516 india, indian union budget 201516. Join our telegram channel if you are new to upsc field, we recommend you to know. Union budget 201516 summary download pdf published on sunday, march 01, 2015. 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. Some of the highlights rationalizing tax provisions to effectively tap aifs, reits. The key highlights of union budget 2019 are as follows.
Here are the highlights of jaitleys budget for the fiscal year that begins on april 1. Union budget 201516 india, indian union budget 201516, pdf. The government presents it on the first day of february so that it could be materialised before the beginning of new financial year in april. Budget pragmatic, will reignite growth, says modi union budget 2015 16. Here are the important key highlights from the budget. Union finance minister arun jaitley presented union budget 201516 in the parliament. Union finance minister, arun jaitley on 28 february 2015 presented union budget 201516 in the lok sabha. General budget 201516, the finance minister, shri arun jaitley said that consequent to. Finance minister nirmala sitharaman presented the union budget 2020, the first of the new decade, to parliament. Please share your experience regarding our site,if u have any suggestions or complaints comment below and subscribe us with your emailid and like our facebook page to be updated with.
This was the first budget by the national democratic alliances nda government after coming to. Agriculture major steps take to address the two major factors critical to agricultural production, that of soil and water. Tax benefit on hiring on employees base also widened. Union budget 2015 16 extension of reduced tax rate of 5% on income foreign investors fiis and qfis from corporate bonds and government securities till 30th june, 2017. Gross domestic product gdp growth of india for 201516 projected between 8. Fight against the scourge of black money to be taken forward. Budget pragmatic, will reignite growth, says modi union budget 201516. Gold monetization scheme to allow the depositors of gold to earn interest in their metal accounts and the.
The key features of the budget 274 kb, finance minister arun jaitleys budget speech 124 kb, budget at a glance 6 kb, finance bill 2015 364 kb and the macroeconomic framework satement 245 kb can be accessed here as pdf documents. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 2015 16 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. The present finance minister nirmala sitharaman presented the union budget for 201920 on july 05, 2019. The economic survey for 20192020 is released on 31 january 2020, a day before the budget. Read through our blogs and download pdf version of union budget 2019 today. Union finance minister arun jaitley presented union budget 2015 16 in the parliament. A more detailed will be given later this coming week. Union budget 2015 16 is being presented by finance minister mr. How to convert form 1616a text file zip file to form 1616a pdf file. Mudra bank will be responsible for refinancing all microfinance institutions. Brief summary, financial, general, family, it latest update.
The government has shifted its strategic focus to the jam trinity jan dhan, aadhar and mobile along with jan suraksha as it plans to introduce universal social security system for all indians. Additional 2% surcharge for the superrich with income of over rs. Budget 201516 major highlights in industry wise by subair na 2. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. Union budget niti aayog and finance commission recommendations. Gross domestic product gdp growth of india for 201516 projected between 88. 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. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Important for competitive exams banking, insurance, ssc, upsc, clat, and other exams. We are bringing you the highlights and key announcements of budget 201516. Key features of budget 20152016 274 kb pdf file that opens in a new window. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Macroeconomic framework for the relevant financial year. Here are the highlights of arun jaitleys speech budget 20182019 union budget 2018 highlights pdf. While budget is a detailed statement of the estimated revenues and expenditures to be incurred by the government in a particular fiscal year, economic survey presents a. Union finance minister nirmala sitharaman in new delhi on saturday before presenting the budget. Some of the challenges mentioned by the finance minister arun jaitley are. It was a budget for corporates as corporate tax reduced from 30% to 25%. Paramparagat krishi vikas yojana to be fully supported. Gross domestic product gdp growth of india for 2015 16 projected between 88. Here are the highlights of jaitleys budget for the fiscal year that begins 1 april.
Highlights of this years healthcare budget the union budget has been announced and it seems the modi government has done its bit to please everybody. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Major highlights of proposed tax slab for ay 201819. So these are the highlights of union budget 201516. The union budget of 2015 16 was the first full budget to be presented by the modi led government and was preceded by sky high expectations of reform.
The additional deductionsexemption as aforesaid introduced in the union budget 201516, translates into. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 2015 16, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime and announcing some relief to common man. Section 194j tds on fees for professional or technical services. 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. Making indias budgets open, usable and easy to comprehend. Union budget highlights 2015 16 states to be equal partners in economic growth. Th e next examinations are due in the month of may 2015. Union budget 201415 india, indian union budget 201415, pdf. Union budget 201516 is being presented by finance minister mr. Highlights direct tax proposals of union budget 201516. Budget 2020 is focused on 3 major themes aspirational india.
We do hope to hence provide a comprehensive view of the budget which the reader should find useful. Arun jaitley by nda governed government and here we are sharing main highlight of the union budget 201516 with our readers. Highlights of union budget 201516 taxation no change in the tax slab on personal. 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. Finance minister arun jaitley on saturday proposed no changes in personal incometax rates for 201516 but extended benefits to middleclass by increasing the limit of deduction on health. Gs score summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Union budget 2015 live update and budget highlights. Finance minister arun jaitley, who is presenting the union budget for fiscal 2015 16 in the lok sabha, said the government is establishing a mechanism self employment to support all aspects of start up business. Union budget pdf download highlights of union budget. Highlights union budget 2018 2019 with pdf download. The much awaited, and the first fullfledged, union budget by the narendra modi government for the financial year 201516 was tabled in the parliament today by the finance minister mr. Union budget 201516 summary download pdf bankexamstoday. The following are the sector wise highlights of union budget 201516 presented by arun jaitley in parliament today.
Gr8ambitionz provides complete highlights of the union budget 2019. Nirmala sitharaman made her maiden budget speech today and presented the union budget 201920 before the parliament. Here is a pdf containing all the key highlights in union budget 201516. Union minister for finance, government of india, in parliament on february 28, 2015. Arun jaitley this was the first fullfledged budget by the national democratic alliance government. Rate of corporate tax to be reduced to 25% over next four years. On february 1, 2020, union finance minister nirmala sitharaman presented her second and 90 th union budget of india for 20202021 2020 ke lie bharata ka ke. From 20 february until the presentation of budget about 100 government employees remained locked up in the north block of the secretariat building, new delhi, which houses the budget printing press, to maintain secrecy.
Here are the key highlights of finance minister arun jaitleys union budget 201617 speech. The union budget for 2015 16 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Full text of fm arun jaitleys speech finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. Experts pointed out that the union budget 2015 16 fell short of making investments for transmission infrastructure. Regards team exampundit books for 2015 bankinginsurance exams submit rating average rating 0 5. Vision ias summary of union budget 202021 pdf upsc. Budget, if implemented earnestly, will augur really well to achieve the big picture envisioned by the government. Finance minsiter arun jaitley introduced union budget 201516. Finance minister nirmala sitharaman presented the budget 2020 in lok sabha on 1st february.
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