Union budget 2014 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. Here we are providing all pdf s related to union budget 2020. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu seyal. 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. The following are the major highlights of the union budget 20 14 presented by the honble finance minister mr. Cii has welcomed the union budget 20 14, which is growth and investment oriented. Will p chidambaram oblige with a budget that will cheer both.
Chidambaram on 28 february 20, 11 am salient features of the budget. With widespread reform measures initiated in recent months and the global economy poised for a moderate recovery in 20. Getting back to potential growth rate of 8 percent is the challenge facing the country. The economic times brings you the latest live update on union budget 20 14 presented by finance minister p chidambaram on 28th february 20. Scribd is the worlds largest social reading and publishing site. Union budget 2014 speech by finance minister youtube. The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. The union budget 2014 reform and development perspectives budget seminar saturday, 2 march 20 le meridien, new delhi. It also contains estimates for the next fiscal year. The union budget of india for 202014 was presented by finance minister, p. Union budget 20 14 highlights pdf download gr8ambitionz.
Tax deduction at source on transaction of immoveable. The total expenditure in the union budget 2014 is pegged at rs. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. Union budget 2014 investor foreign direct investment. Union budget 2014 government budget balance government. The union budget for 2014 aims at higher growth leading to inclusive and sustainable development. The union budget for 20 14 aims at higher growth leading to inclusive and sustainable development. The budget of the european union is financed by own resources, other revenue and the surplus carried over. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. How well does union budget 2014 address genderbased. Come endfebruary, and india inc waits anxiously for the presenting of the union budget. Rs crore initial capital for a new womens bank which will be another public sector bank. The finance bill, 20 seeks to prescribe the rates of incometax on income liable to tax for the assessment year 2014. The union finance minister announced different proposals for infrastructure and energy sector in india while tabling the union budget 2014 in the lok sabha on 28 february 20.
Union budget 2014 of india highlights live rail pdf income. 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. Budget at a glance, budget 202014 at a glance, highlights of central. Macroeconomic framework for the relevant financial year. Overview of the union budget 2014 grant thornton india.
Indian union budget 2014 date, indian general budget 20. 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. India budget 20 2014 highlights key features of budget 20 2014. Decoding taxes budget deals with issues of macro imbalance, provides the corrective on fiscal deficits which everyone wanted. Implications of the union budget of india 20 14 introduction the union budget 20 14 was presented admist huge challenges posed by the macro economic environment both in the domestic and global scenario. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. Coming against the backdrop of challenging global and domestic macroeconomic conditions, the budget makes laudable efforts to optimise growth drivers while addressing imperatives of inclusion. A yearly exercise that affects the lives of every indian with new laws, new stipulations, new slab rates, the budget involves strategy change for businesses. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. In 2014, the budget estimate is rs 16,65,297 crore. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this budget. The nonplan expenditure is estimated at rs 11,09,975 crore.
Implications of the union budget of india 2014 introduction the union budget 2014 was presented admist huge challenges posed by the macro economic environment both in the domestic and global scenario. Cii is happy that many of its suggestions have found mention in the. Page 2 executive summary union budget 2014 has been popularly received as a womencentric budget. Union budget 20 14 department of aids control total union budget allocation for the department of aids control under the ministry of health and family welfare. Lets see what this years budget, union budget 2014, has for smallbusinesses and startups. The union budget of 2014 emphasized fast track economic growth with due importance on infrastructure development, skill development, employment generation and. 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. Mar 05, 20 the union finance minister announced different proposals for infrastructure and energy sector in india while tabling the union budget 20 14 in the lok sabha on 28 february 20. Here are some highlights of what education received from the budget 2014. India budget 202014 highlights key features of budget 202014.
Major highlights of budget 20, railway budget 20, budget expectations and much more. Finance ministers proposal to launch an allwomen bank is one of the highlights of union budget 2014 sounds good but do women need this to be financially independent article. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. The budget in brief presents a summary of the federal budget 2014. Getting back to potential growth rate of 8 percent is the challenge. Revised estimates re of the expenditure in 2012 at 96 per cent of the budget estimates be due to slowdown and austerity measures. 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. Union budget 2014 would be presented by finance minister, p chidambaram in parliament today. Slowdown in indian economy has to be seen in the context of slowing global economic growth from 3.
Cbga how well does union budget 2014 address genderbased challenges. Latest budget news reports, views, budget videos, budget analysis, budget 20. Income level for rajiv gandhi equity scheme raised by rs 2 lakh. Govt announces nirbhaya fund for safety, empowerment of women union budget 2014.
Jun, 2016 the revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. You can check 100 key highlights of union budget 2020. The finance minister, in his speech for union budget 2014, did acknowledge that owing to the. How does india government plan to raise income as per union budget 20 14. Cii has welcomed the union budget 2014, which is growth and investment oriented. Historical budget documents are available for reference purposes. It contains budgetary allocations for expenditures related to. Union budget 2014 department of school education and. Montek singh ahluwalia deputy chairman, planning commission the idea is to work on deepening financial markets, broadening them to reach every indian. Memorandum explaining the provisions in the finance bill, 20. An insight into the union budget 2014 the companion. Indian union budget 2014 date, indian general budget. Budget 2014, live update on indian union budget 20.
Rs 1 lakh crore allotted for enhancing skills of youth. You can view the live webcast for the same courtesy nic. Highlights and impact of the union budget 2014 on the. How does india government plan to raise income as per union budget 2014. Total union budget allocation for the department of school education and literacy under the ministry of human resource development. National health mission nhm services to an ageing population. Full text railway budget 201415 speech of sadananda gowda download in pdf. 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 20 14 aims at higher growth rate leading to inclusive and sustainable.
It is designed to provide, in a very concise way, essential information on revenues and expenditures budgeted for financial year 2014 in juxtaposition with budget estimates and revised estimates for the outgoing financial year 2012. Mar 30, 20 looking at some aspects of the union budget for 20 14 that have implications for the social sector, this article points out that there is a disturbingly large gap between budget estimates and actual expenditure on social services and rural development in several years. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Union budget 2014 of india highlights live rail 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. Response to union budget 2014 centre for budget and.
Tax deduction at source on transaction of immoveable property with resident it is proposed, w. Union budget 20 14 free download as powerpoint presentation. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. With this as mool mantra, the union 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.
Nirbhaya fund to empower women and to keep them safe and secure. Jul 10, 2014 the following are the union budget 201415 highlights. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020. Women belonging to the most vulnerable groups, including single women and widows, must be able to live with selfesteem and dignity. 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. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. Suvs, mobiles costly the government unveiled new taxes on the rich and large companies on thursday to fund higherthanexpected spending for the next fiscal year, in a budget that aimed to revive growth amid the countrys worst slowdown in a decade ahead of a. So you can get more knowledge about the planning of government for this year. 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. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Union budget 20 14 final authorstream presentation.
February 28, 20 the proposals made in the finance bill 20 bill are as follows. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. A new fiscal consolidation path with fiscal deficit at. Proposal to set up indias first womens bank as a public sector bank. The union budget is the financial annual report of india as a country. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. The union budget for 2014 has forecast a fiscal deficit refer chart 1 of 4. Union budget 20 14 department of higher education datasets open budgets india. Two key interventions in the form of a fund for womens safety and empowerment and an allwomens bank, have been introduced for the first time. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb. The union budget for 20 14 has forecast a fiscal deficit refer chart 1 of 4. Budget speech 2014, budget highlights 2014, budget 2014, india budget 2014, budget speech, new india budget, india new budget, budget 2014 india, union budget 2014, general budget. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Abatement in case of construction for residential units having carpet area upto 2000 sq.
229 1614 1022 1545 1447 878 498 640 734 191 1117 956 817 1468 273 1487 264 218 927 386 1595 816 781 1665 269 1206 431 525 535 182 889 1092 703 309 1444 1381 1137 524 1136 73 341 53 1281 876 258 577