Union budget 2014 speech by finance minister youtube. The budget is presented by the finance minister of india in parliament. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. Union budget speech 201415 minister speech 20142015. This is modi governments 6th union budget and 1st interim budget. In line with the public finance management act 2015 as amended, the budget was approved by parliament on 31 st may 2017. The present finance minister nirmala sitharaman presented the union budget for 201920 on july 05, 2019. The union budget of india also called the general india budget is presented each year on the last working day of february. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india.
Key to budget documents pdf file opens in a new window. Overview of the union budget 2014 grant thornton india. Viewing of documents below requires adober reader which can be downloaded at in case you have problem showing all the. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Hemang jani explains how the union budget 20 should look like and how its should not look like. A detailed analysis of the union budget 201415 follows, with particular focus on. Spd skhosana mpl mpumalanga provincial legislature, nelspruit 24 may 20 honourable speaker and deputy speaker of the mpumalanga legislature, honourable premier. Get the latest news on union budget 20 14 of india.
Mike baird mp, treasurer, and minister for industrial relations, new south wales. With this as mool mantra, the finance minister shri p chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4. Highlights of important amendments relating to miscellaneous laws 43 6. Budget 2014, live update on indian union budget 20 the. Download pdf version of union budget 2019 highlights from here. Sir, protection of the people of the state is our primary duty. Find union budgets, state budgets, rbi data and municipal budgets across years. In november 20, we had forecast real gdp growth of 0. Piyush goyal was appointed interim finance minister on january 23 with arun jaitley undergoing treatment in the united states. The 2018 budget is considered to be a crucial one as it the first since the rollout of goods and service tax gst regime in india. I am asking for consent to table the following documents. The union budget of india for the financial year 201819 was presented to the parliament on 1 february 2018 by finance minister arun jaitley.
Annual financial statement afs demands for grants volume i. 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. The government presents it on the first day of february so that it could be materialized before the commencement of new financial year in april. 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. The aspirations of the people of the state are also not much. However, the union budget 201718 continues with its economic reforms agenda, traversing a fiscal contractionary path evident from the declining expendituregdp ratio figure 1. Union budget 2019 highlights pdf download gr8ambitionz. Budget speech of fiscal year 201920 government of nepal. In 2014, the budget estimate is rs 16,65,297 crore. Budget speech 2014 3 subsidies, it is known to all that a gigantic circular debt of rs. Abatement in case of construction for residential units having carpet area upto 2000 sq. The union budget of india also known as the annual financial statement in the article 112 of the constitution of india, is the annual budget of the republic of india. Jun, 2016 the revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016.
Holdren for the presidents distinguished lecture at the stevens institute of technology pdf may 2, 20. Union finance minister arun jaitley arrives at parliament house to present the. Plan allocation of 5,75,000 crore in the main budget 201415 mark an increase of 26. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. Union budget 201415 india, indian union budget 201415, pdf. This was the first budget by the national democratic alliances nda government after coming to power for the second time in 2019. It is the responsibility of our government to fulfil their needs and requirements. The 20 budget will therefore focus on the objectives of the. The industrial sector, which comprises of mining and quarrying.
Download union budget 201920 complete highlights pdf. Following are the highlights of the union budget 201920 banking reforms and insolvency and bankruptcy code ibc the period of 200814 will be remembered as a period of aggressive credit growt h and, as per rbi, the primary reason for spurt in nonperforming loans and stressed assets. Mar 06, 20 finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Full text railway budget 201415 speech of sadananda gowda download in pdf. Major highlights of budget 20, railway budget 20, budget expectations and much more. June 2014 4 3rddecember 20, the rupee has appreciated by 11%. Union budget of india archive department of economic. Historical budget documents are available for reference purposes. Union budget 2014 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. Supplement to the presidents 2014 budget pdf may 9, 20. This is clearly an indication of the governments effort on levying more tax on the superrich. The economic times brings you the latest live update on union budget 20 14 presented by finance minister p chidambaram on 28th february 20.
Budget speech to parliament for the 20 2014 fiscal year by. Complete transcript and audio and video of barack obama 20 state of the union speech. Union budget 201516 india, indian union budget 201516, pdf. Honble members will find from the budget documents that the gender budget has rs 97,4 crore and the child budget has rs 77,236 crore in 20 14. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014 monday. All the people of india were waiting eagerly for union budget 2019. A number of claims have been made in the budget speech by the finance minister regarding longer term benefits of this move for the indian economy. Promoting growth for economic and social development. Right honourable speaker, right honourable chairman, 19. Highlights union budget 2018 2019 with pdf download. Now, i seek permission to present the objectives and priorities of the budget for fy 201920. The union budget of india for 201220 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. I have the honour of tabling our governments budget for fiscal year 202014, the budget that restores balance.
Live updates of union budget 201819, 201718, 201617. The union budget for 201617 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 29, 2016. 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. Union budget 20 2014 the challenges facing the minister of finance minister of finance sri chidambaram is facing a tough task in preparing the union budget 20. We not only see a clear direction in which the economy is going to be steered but also the key milestones that we need to cross on the way. Macroeconomic framework for the relevant financial year. It is the exclusive and best telugu education portal established by sakshi media group. Governments strained finances will be one of biggest problems indias fiscal responsibility law will turn 10 this year. This is a budget in which there is limited room for expansion, yet there are significant opportunities for change. Medium term fiscal policy cum fiscal policy strategy statement. Budget speech 2014, budget highlights 2014, budget 2014, india budget. Making indias budgets open, usable and easy to comprehend.
The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Budget speech 4 20142015 our efforts are starting to pay off, and our economic growth is improving. The union budget 201718, however, presents a slightly different picture, with major social. Union budget is defined under article 112 of the indian constitution. How does india government plan to raise income as per union budget 20 14. In the 2014 fiscal year, personal income tax relief of r7 billion is granted. The union budget for 2014 aims at higher growth leading to inclusive and sustainable development. Amendments brought by the interim budget201920 52 8. 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.
Taking a birds eye view of the entire economy and keeping in mind the difficult global environment, i expect indias gdp growth in 2012. This was the first budget of narendra modi led nda government. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement finance bill memorandum. Its been a period of missed deadlines with a dash of creative accounting thrown in. India and brazil, new growth poles are redefining the global economic landscape. The fm, in his speech, strongly reaffirmed his commitment. Our work must begin by making some basic decisions about our budget decisions that will have a huge impact on the strength of our recovery. This budget will essentially be the governments financial plan for threefour months before. How is the union budget of 2019 different from that of. Speech, india union budget 202014, budget 20 india, general budget 20, central budget 20, indian budget 20. Highlights of union budget 201920 and economic survey 201819 pdf. Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 20162017, budget impact, exclusive coverage of budget 2016 news, india union. State budget 201220 press note on appropriation bill 20.
Tax deduction at source on transaction of immoveable property with resident it is proposed, w. Union budget 2015 live update and budget highlights. Highlights of union budget 201718 for examinations. I am pleased to announce that real gdp growth was instead 1. Here are some highlights of what education received from the budget 2014. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. It needs to respond to changed circumstances, new priorities and emergencies.
Aiming at 78 per cent gross domestic product gdp growth in 34 years. On the one hand is the lok sabha elections of 2014 that calls for popular measures and increased spending from the government. Rapidly improving the living standard of people through fulfilment of the basic. Total union government expenditure as a proportion of gdp % 14. These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20.
Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16. Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. Republic of botswana 20 budget speech by honourable o. House, budget proposals for the financial year 2014. Live budget news et brings you 360 degree coverage of the budget 201617. I am now honored to present a statement outlining the highlights of the approved budget. The government presents it on the first day of february so that it could be materialised. Women belonging to the most vulnerable groups, including single women and widows, must be able to live with selfesteem and dignity. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The union budget for 20 14 has forecast a fiscal deficit refer chart 1 of 4.
Rs 1 lakh crore allotted for enhancing skills of youth. Presenting the interim union budget for the year 201415, mr. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Union budget 2019 pdf highlights download aspirants zone. 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. Memorandum explaining the provisions in the finance bill, 20. One overarching goal to provide education and skills to youth for securing jobs in the 2014. Roadmap to take growth to double digit level this budget has laid down the roadmap for taking india to double digit growth. The drafting of the budget is still an act of humans, based on economic projections. Amidst a state of economic slowdown, all eyes are on finance minister p chidambarams union budget 2014 to rescue the economy from the jaws of a possible sovereign downgrade. I recall my last tenure as finance minister and acknowledge with. The union budget of india for 20142015 was presented by finance minister, arun jaitley on 10 july 2014,11 am.
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