Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley. Clearly, india is moving towards a more global tax structure, both in terms of gst, and, in terms of direct taxes. The budget is presented by the finance minister of india in parliament. School of mines, dhanbad to be upgradedin to a fullfledged iit. Get latest updates on budget highlights, railway budget, expert views and opinion. Union budget analysis 7 it may be noted that the government was able to meet just 50% of the budgeted amount for disinvestment in the year 201415.
The budget has also given a huge boost to the make in india program by correcting the inverted duty structure in 22 thrust sectors and by allowing complete tax. Statement showing statewise distribution of net proceeds of union taxes and duties for be 20152016. With regard to expenditure, the total expenditure is estimated to rise by 5. Roadmap to take growth to double digit level this budget has laid down the roadmap for taking india to double digit growth. 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. 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 union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. As a result of its forward and backward linkages with several key segments of the economy, the automotive industry has a strong multiplier effect and has the potential. Th e next examinations are due in the month of may 2015. The plain and sad fact is that the indian armed forces are in dire need of funds infusion. Gross domestic product gdp growth of india for 201516 projected between 88. I rise to present before this august house the statement of estimated receipts and expenditure for 2015 16 for indian railways. Since its inception, it continues to serve a diverse clientele. Union budget of india 201819 highlights pdf cracku.
Union budget session 2015 16 the union budget is the premier document featuring the financial planning and strategy of the government of india for the next fiscal. Union budget 2015 16 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. 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. Personal indisposition or the weight of expectations of over a billion indians one. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. Budget 2015 live budget coverage online, union budget 201516, key points and highlights of india budget 2015, income tax slab, fdi by finance minister arun jaitely. 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. Union budget 201516 national portal of india government of india.
I present this budget in an economic environment which is far more positive than in the recent past. Finance minister arun jaitley presented the union budget 201516 at the lok. Fdi grew 36% in h1 201617 over h1 201516, despite 5% reduction in global fdi inflows. Over the last two years, global growth has contracted to 3. The union budget is presented to the parliament in two parts. Prime minister narendra modi lauded and applauded the budget, calling it a progressive, positive, practical, pragmatic and prudent one. Check out the latest updates by clicking the below links and update yourself. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Live updates of union budget 201819, 201718, 201617, 2015. What are your expectations from the union budget of india.
Memorandum explaining the provisions in the finance bill, 2015. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Everything about union budget 2017 download pdf day. Union budget 201819 live updates highlights pdf free download union budget 201819. This year too, i have provided adequately for the needs of the armed forces. Government budget is designed for optimal allocation of resources. Transparent coal block auctions to augment resources of the states. The budget has something for everyone and it will be such that it will attend to weak, old and vulnerable citizens. An act making appropriations for the support of the government of the state of california and for several public purposes in accordance with the provisions of section 12 of article iv of the constitution of the state of california, relating to the state budget, to take effect immediately, budget bill. Indian railway budget speech 201516 speech of shri suresh prabhakar prabhu introducing the railway budget for 201516 on 26th of february, 2015 madam speaker, 1. On the tax receipt front, the government is targeting 15.
Gdp growth in 201516, projected to be between 8 to 8. 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. 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. The information contained in this document has been compiled or arrived at from other sources believed to be reliable, but no representation or warranty is made to its accuracy, completeness or correctness.
The union budget of india also called the general india budget is presented each year on the last working day of february. It also expanded the savings pool by creating a fungibility mechanism to convert physical savings into financial savings. Indian railway budget speech 201516 speech of shri suresh. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. 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. Union budget 2017 download pdf link available at the bottom of the page. Madam speaker, i rise to present the budget of the union for the year 201516. 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. Key to budget documents pdf file opens in a new window. After a long journey of economic reforms, amid subdued economic growth, challenging fiscal situation and farm distress, the budget endeavours to continue its focus on poverty, rural economy, healthcare, education. Union budget 2015 16union budget 2015 16 making one india accomplish durable growth template. This was the first full year budget of the new bjp government, and.
This bill would make appropriations for the support of state government for the 201516 fiscal year. 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. Indias union budget 201617 was presented by finance minister arun jaitley when we are evidencing the global economy in a serious crisis. Overview direct tax government not going ahead with direct tax code bringing down corporate tax rate from 30% to 25% over a period of four years measures to promote domestic manufacturing and improving the. Union budget of india 201516 highlights and analysis. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. We hope the government will be able to meet the set target in the fiscal year 2015 16. 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.
The link will be updated in hindi and english as soon as budget announced. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Presently, these are taxed under partial reverse charge mechanism. Madam speaker, i rise to present the budget of the union for the year 2015 16. 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. 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 budget 20162017, budget. The complete speech of finance minister arun jaitley presenting the. The union budget of 201516 was the first full budget to be presented by the modi led government and was preceded by sky high expectations of reform. 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. Arun jaitley presents governments first fullyear budget. These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20. Union budget niti aayog and finance commission recommendations.
Union budget 201819 live updates highlights pdf download. Foreign exchange reserves touched highest ever level of about 350 billion us dollars. Finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. The much awaited, and the first full fledged, union budget by the narendra modi government for the financial year 201516 was tabled in the parliament today by the finance minister mr. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. Union budget 201516 india presented by mr arun jaitley, union.
The budget lays a path for the future, however, the execution of the various policies pronounced will determine the true merits of this budget. Union budget session 201516 the union budget is the premier document featuring the financial planning and strategy of the government of india for the next fiscal. Union budget 201415 india, indian union budget 201415. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Brief summary, financial, general, family, it latest update. Major highlights of proposed tax slab for ay 201819. Union budget 201516 india, indian union budget 201516, pdf. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016.
The union budget of india for the 201516 fiscal was presented in the lok sabha lower house of the parliament by the union minister of finance arun jaitley on 28 february 2015. Union budget 201516 impact on the automotive sector sector overview automotive sector occupies a prominent place in the indian manufacturing industry. Live budget news et brings you 360 degree coverage of the budget 201617. Dramatic increase in budgetary allocation to defence. Union budget 201516 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 highlights of union budget 201516 overview of the economy o gross domestic product gdp growth of india for 201516 projected between 88. Strong macro economic fundamentals are depicted both in the economic survey and the budget. General budget which gives an overall picture of financial position of the government of india. Union budget 2015 live update and budget highlights. Personal indisposition or the weight of expectations of over a billion indians one read more. Union budget of india union budget 201617, 201516 major. Union budget 2020 important questions pdf for all competitive exams. Where appropriate, some cases also show changes to child benefit announced in this budget. A table showing the distribution of income earners on a 2015 and post budget 2016 basis. Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16.
Union budget 2015 16 impact on the real estate and infrastructure sector disclaimer. Union budget 201415 india, indian union budget 201415, pdf. The union budget of india for 201220 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. Budget is most economic event in the country which outlines all the economic planning of the government of india for the next year. It is not only important for corporates but for individuals from all. Union budget of india 201516 highlights and analysis clear ias. The budget documents presented to parliament comprise, besides the finance ministers budget speech. I rise to present before this august house the statement of estimated receipts and expenditure for 201516 for indian railways. The union budget of india for the 2015 16 fiscal was presented in the lok sabha lower house of the parliament by the union minister of finance arun jaitley on 28 february 2015.
Union budget 2020 important questions pdf for all exams. Budget 2015 live india budget news, union budget 201516. Click here to reach the complete text of union budget 2015 16 speech pdf. Indian school of mines, dhanbad to be upgraded in to a fullfledged iit. Live updates of union budget 201819, 201718, 201617. Like most of the previous budgets, indian budget for 201516 too runs on deficit financing.
For those who wants union budget 2015 16 year can check out the link below for pdf format. Union budget 2015 live update and budget highlights times. If you like this, then please share it with your friends. 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. Indian railway budget speech 2015 16 speech of shri suresh prabhakar prabhu introducing the railway budget for 2015 16 on 26th of february, 2015 madam speaker, 1. Finance minister ms nirmala sitharaman presented the union budget 2020 in parliament on 01st february 2020. Finance minister arun jaitley presented the first full year budget of prime minister narendra modis government on saturday. The union budget 201819 holds special significance being the first budget post the implementation of gst in july 2017. Union budget 201516 india, indian union budget 201516. Union budget 201516 impact on the automotive sector disclaimer.