The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. First home buyers who avail home loan in fy 2014 up to rs. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. The union budget of india for 202014 was presented by finance minister, p. 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. Economic survey 2014 is a flagship annual document of the ministry of finance, government of india, and is usually presented in the parliament day before the budget is presented. 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.
Budget highlights key features union budget of india. India infrastructure finance corporation iifc, in partnership with adb will. We have already shared union budget 2020 important questions pdf for all exams. Chidambaram presented budget 2014 in the lok sabha today on 28feb. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today.
Faced with huge fiscal deficit, india had no choice. 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. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. F riends, thank you so much for the overwhelming response to our pdf version of union budget 2014. Highlights and impact of the union budget 2014 on the. 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.
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 main highlights of union budget 201220 are presented on this page. Iibf vision 2 march 20 union budget highlights top stories banking policies. Some of our friends here have requested us to post the railways budget of the year 2014 too in pdf format as it is going to be one of the predictable topic for upcoming sbi, ssc and other competitive exams and interviews. Revised estimates re of the expenditure in 2012 at 96 per cent of the budget estimates be due to slowdown and austerity measures. I have quickly summarised the major highlights of this budget on one page for your quick read. Chidambaram on 28 february 20, 11 am salient features of the budget. Tax deduction at source on transaction of immoveable property with resident it is proposed, w. The survey highlights the need for stable and consistent policies and rapid. It also contains estimates for the next fiscal year.
Overview of the union budget 2014 grant thornton india. Go through this detailed article of economic survey 201920 so that you cant miss the questions from this section in your exams. 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. Almost 1 crore citizens have downloaded swachhata app. Imagse via bing indian railway budget 20 14 highlights powerpoint presentation. His speech was marred by protests over the proposed division of a telangana state. Union budget 2014 free download as powerpoint presentation. Image via bing indian railways is an indian stateowned enterprise, owned and operated by the government of india through the ministry of railways. 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. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. 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 it comprises the revenue budget and the capital budget.
Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. Key to budget 202014, key to union budget, budget documents, key to budget 20, updated union budget of india 2014, indian new budget 20, budget highlights, budget news, budget notifications, budget changes, budget documents, 2014 budget, budget speech, india budget 202014. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. Union budget 2014 pdf file download there had been widespread expectation, fuelled in part by comments by finance ministry officials, that chidambaram would present an austere budget in line with the spending cuts he forced on government ministries in recent months. So here you are, here is the pdf version of this years railway budget. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. On the one hand, arun jaitley reintroduced standard deduction, gave senior citizens a few reasons to cheer, and increased take home pay of women in the workforce. Direct tax revenue increases by over 78 % in fy201819 from fy 2014. Mar 06, 20 finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Set aside 100 billion rupees towards spending on food subsidies in 2014. Union budget 20 14 highlights pdf download friday, march 01, 20 current affairs, current affairs important updates 28 comments.
Rs 1 lakh crore allotted for enhancing skills of youth. Indian union budget 2014 date, indian general budget. Union budget 2014 investor foreign direct investment. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu seyal. Here are some highlights of what education received from the budget 2014. Slowdown in indian economy has to be seen in the context of slowing global economic growth from 3. Imagse via bing indian railway budget 2014 highlights powerpoint presentation. This is clearly an indication of the governments effort on levying more tax on the superrich. Tds of 1% to be levied on transactions above rs 50 lakh.
Social welfare, education and medical services are the major spenders of public resources. What were the main highlights of the indian budget 2012. 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. The gross domestic product gdp of india is estimated to have grown at 8. National health mission nhm services to an ageing population. The union budget 2014 is being presented at a time when the growth prospects. Person taking a home loan for his first home during the period 2014 will be entitled to an additional. 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. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. 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 the union budget comprises the revenue budget and the capital budget, but now railway budget is.
Indian union budget 2014 date, indian general budget 20. Union budget 2014 of india highlights live rail pdf. India budget 202014 highlights key features of budget 202014. The following are the major highlights of the union budget 2014 presented by the honble finance minister mr. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Plan increase targeted towards agriculture, capacity. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. India budget 20 2014 highlights key features of budget 20 2014. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb.
Union budget 20 14 highlights pdf download gr8ambitionz. Personal finance highlights not to be missed budget 2018 was one of give and take but it was more take than give, especially for the taxpayer. The key highlights of union budget 2019 are as follows. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. In this article we will discuss in detail the economic survey, highlights of economic survey 2020 and important questions for upsc and other government exams. The union finance minister today presented the budget for the year 2014. The following are the highlights of union budget 20. People taking a home loan in 20 14 for an amount up to rs 25 lakh will be allowed an additional deduction of rs 1 lakh.
Highlights of indian union budget 202014 quick summary. If you want to continue this discussion or have a follow up question, please post it on the network. Budget for 2014 to have one overarching goal of creating opportunities for our youth to. Overview of the union budget 2014 4 healthcare allocation of rs 37,330 crores to the ministry of health and family welfare ayurveda, unani, siddha and homeopathy mainstreamed through the national health mission. February 28, 20 the proposals made in the finance bill 20 bill are as follows. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Union budget 20 14 free download as powerpoint presentation. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. Click here to view the tax slabs for fy 2014 same as fy 2012 education cess to continue. Rs 27,049 crore allocation to the agriculture ministry in 2014. He said that india will become usd 5 trillion economy, and among top five in the world by 2025. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu. 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.
Union budget 201112 highlights budget highlights 201112. Direct proposals to give in net revenue loss of rs. Union budget 201112 highlights budget highlights 201112 swift and broad based growth in 201011 has put the economy back to its precrisis growth trajectory. Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training.
The government proposes to spend rs 30, 42,230 crore in 202021, which is 12. The union budget is the financial annual report of india as a country. The following are the major highlights of the union budget 20 14 presented by the honble finance minister mr. 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.
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