India hailed as a bright spot amidst a slowing global economy by imf. Finance minister arun jaitleys full speech 81 min read. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 201516, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime and announcing some relief to common man. It is not subject to the government of canada web standards and has not been altered or updated since it was archived. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Key to budget documents pdf file opens in a new window. The budget lays a path for the future, however, the execution of the various policies pronounced will determine the true merits of this budget. 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. Gross domestic product gdp growth of india for 2015 16 projected between 88. Finance minister arun jaitley presented the union budget 201516 at the lok. This budget has laid down the roadmap for taking india to double digit growth. 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.
The union budget of india, also referred to as the annual financial statement in the article 112. Historical budget documents are available for reference purposes. Union budget2015 16 foreword the 9 months of new government has come with a budget which lays emphasis on a great vision for future india with many forward looking at well intended plans and programs. Tax benefit on hiring on employees base also widened. If you do not already have such a reader, there are numerous pdf readers available for free download or for purchase on the internet. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Statement showing statewise distribution of net proceeds of union taxes and duties for be 2015 2016. With budget 2016, the government seeks to restore the confidence that has. Union budget 201516 impact on the automotive sector sector overview automotive sector occupies a prominent place in the indian manufacturing industry.
We can expect questions from this document for the next one year. Union budget 201516 india, indian union budget 201516, pdf. 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. Progrowth as well as fiscal prudence expected from the budget the union budget 2015 16 is expected to lay out a medium term plan to achieve sustainable growth. 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.
Dear readers, finance minister arun jaitley presents his third union budget 201617. Union budget 201516 foreword the 9 months of new government has come with a budget which lays emphasis on a great vision for future india with many forward looking at well intended plans and programs. The union budget of india also called the general india budget is presented each year on the last working day of february. Personal indisposition or the weight of expectations of over a billion indians one read more. Check out the latest updates by clicking the below links and update yourself. 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. Union budget of india 201819 highlights pdf cracku. If you are tense for some reason, know that you are caught in the rut of unconsciousness. Use pdf download to do whatever you like with pdf files on the web and regain control. Format pdf file you must have a pdf reader installed. Union budget 201516 page 3 tax deducted at source as earlier higher tds of 20% for not furnishing correct pan in case the payee is not able to furnish pan to the deductor, tax shall be deducted at the higher of the rates specified in the relevant provision of.
Supporting a robust credit union system across canada. Web to pdf convert any web pages to highquality pdf. The complete speech of finance minister arun jaitley presenting the. Finance minister arun jaitley presented the first full year budget of prime minister narendra modis government on saturday. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Finance minister arun jaitley has presented union finance budget 201617 today. Changes in the cenvat credit rules, 2004 and its impact in the union udget, 2015 presented by the honble finance minister shri arun jaitley on february 28, 2015, saturday, numerous changes in the indirect taxes, have been introduced to combat surpass the challenges encountered in the way of progress of continued growth and. Ambiguity as to whether subscription charges paid for download of econtent, access to. One of the key hopes from the budget is clarity on structural reforms and a roadmap for investment revival. Brief summary, financial, general, family, it latest update. 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. 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. 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.
Union budget 201516 india, indian union budget 201516. Clearly, india is moving towards a more global tax structure, both in terms of gst, and, in terms of direct taxes. This is owed largely to the turbulence in the world financial market in the first half of 2016 due to major setbacks such as brexit, chinas slowdown, low oil prices and. These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20. Live updates of union budget 201819, 201718, 201617. The much awaited, and the first full fledged, union budget by the narendra modi government for the financial year 2015 16 was tabled in the parliament today by the finance minister mr. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Union budget 2015 section 73 has been amended to insert a new subsection 1b to provide that the service tax amount selfassessed and declared in the return but not paid either in part or full shall be recovered under section 87 thereof, without service of any notice under section 731. Finance minsiter arun jaitley introduced union budget 2015 16. Union budget 2015 16 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.
Finance minister arun jaitley presents his third union budget 201617. Everything about union budget 2017 download pdf day today gk. It is not only important for corporates but for individuals from all. Finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. Sensex soars, stocks to watch when arun jaitley speaks the bse sensex opened with strong gains on saturday ahead of finance minister arun jaitleys first full year budget. Union budget 201819 live updates highlights pdf download. Union budget 2015 16 summary download pdf published on sunday, march 01, 2015. Get latest updates on budget highlights, railway budget, expert views and opinion.
The beginning of the budget printing began on 19 february 2015 with the traditional. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Union budget 201415 india, indian union budget 201415, pdf. We have uploaded below the text of finance bill 201617 for ready reference of our readers. The union budget of india for 201220 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. Budgeting is the process of creating a plan to spend your money. Progrowth as well as fiscal prudence expected from the budget the union budget 201516 is expected to lay out a medium term plan to achieve sustainable growth. My road map for fiscal consolidation is a fiscal deficit of 3.
Click here to download the complete set of the 2015 16 budget for offline reading. Presently, these are taxed under partial reverse charge mechanism. It is the exclusive and best telugu education portal established by sakshi media group. Union budget 201617 pdf version published on monday, february 29, 2016. 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. Information identified as archived is provided for reference, research or recordkeeping purposes.
Where appropriate, some cases also show changes to child benefit announced in this budget. Designed, developed and hosted by national informatics centre, information is provided by ministry of finance. Strong macro economic fundamentals are depicted both in the economic survey and the budget. If you like this, then please share it with your friends. Archived information is provided for reference, research or recordkeeping purposes. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. The union budget of india for 20152016 was presented by arun jaitley on 28 february 2015. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. Analysis of the demands for grants 2015 16 by ministers. A table showing the distribution of income earners on a 2015 and post budget 2016 basis. Roadmap to achieve fiscal deficit of 3% of gdp in three years.
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 union budget for 201617 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 29, 2016. Everything about union budget 2017 download pdf day. Download union budget 201516 highlights file in pdf format. Gross domestic product gdp growth of india for 2015 16 projected between 8. Live updates of union budget 201819, 201718, 201617, 2015. The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the. Personal indisposition or the weight of expectations of over a billion indians one. 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. Summary charts deduction under chapter vi a 80c to 80u.
Budget 2015 live budget coverage online, union budget 2015 16, key points and highlights of india budget 2015, income tax slab, fdi by finance minister arun jaitely. Statement showing statewise distribution of net proceeds of union taxes and duties for be 20152016. Union budget of india 201516 highlights and analysis clear ias. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony.
Government commercial undertakings supplement to the detailed budget estimates 2015 16. Union budget 2015 16union budget 2015 16 making one india accomplish durable growth template. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Union budget 2017 download pdf link available at the bottom of the page. Union budget 201516 page 4 indirect taxes non tariff service tax transitory penalty provisions in respect of adjudications pending the new provisions of penalty shall apply if adjudication order was not passed before the financed bill, 2015 is passed and assented by president of india.
Budget is most economic event in the country which outlines all the economic planning of the government of india for the next year. Major highlights of proposed tax slab for ay 201819. 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. Union budget of india 201516 highlights and analysis. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Union budget 201516 summary download pdf bankexamstoday. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. 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. It was a budget for corporates as corporate tax reduced from 30% to 25%. Macroeconomic framework for the relevant financial year. Budget 2015 live india budget news, union budget 201516. Arun jaitley presents governments first fullyear budget.
On the tax receipt front, the government is targeting 15. Following 14th finance commission recommendations, states will get higher resources. Memorandum explaining the provisions in the finance bill, 2015. Union budget 2015 16 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 highlights of union budget 2015 16 overview of the economy o gross domestic product gdp growth of india for 2015 16 projected between 88.