Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. 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. With regard to expenditure, the total expenditure is estimated to rise by 5. Highlight of union budget for fy 201516 download pdf of. Click here to reach the complete text of union budget 201516 speech pdf. It was a budget for corporates as corporate tax reduced from 30% to 25%.
Memorandum explaining the provisions in the finance bill, 2015. The flows across plan of union budget 201415 and 201516 is indicated below. The link will be updated in hindi and english as soon as budget announced. Union budget 201516 india, indian union budget 201516. It outlines a comprehensive vision for citizens with strong focus on growth, investment, job creation and social security. Union budget 201516 impact on the real estate and infrastructure sector a mission to provide a roof for each family under the housing for all. Defense expectations discussion in indian defence forum started by npm, jan 16, 2015. The union budget 201516 has picked up exactly from where the previous budget left.
Compared to a year ago levels, certain economic parameters have undergone an improvement. This article, based on the union budget 201516 presented to the parliament on february 28, 2015 analyses the key features of the budget and makes an assessment of the likely fiscal situation in 201516. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. 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. Arun jaitley has presented union budget for the financial year 201516 that is aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost. This budget becomes important as it would be the first full term budget of the current government. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020. The key features of the budget 274 kb, finance minister arun jaitleys budget speech 124 kb, budget at a glance 6 kb, finance bill 2015 364 kb and the macroeconomic framework satement 245 kb can be accessed here as pdf documents. The expectations from the budget has been quite high given the fact that the statements that have been coming out of the government has been very promanufacturing and. Union budget 201516 is being presented by finance minister mr. Pdf union budget 201516crisil research impact analysis. Personal indisposition or the weight of expectations of over a billion indians one.
Union budget 2015 looking for a new horizon in the last budget in july 2014, the new government had. Gdp growth in 201516, projected to be between 8 to 8. Monetary policy framework agreement with rbi, to keep inflation below 6%. Union budget for 201516 to be presented on february 28 during the session, government will push for passage of bills on six ordinances promulgated recently, which includes ordinance in land.
Get the latest news and views of the union budget 201516. We do hope to hence provide a comprehensive view of the budget which the reader. Finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. 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 key features of the union budget 201516 can be accessed as a pdf 274 kb through the. Salient features of the union budget 2015 16 are explained in detail. It is targeted to complete 2 crore houses in urban areas and 4 crore houses in rural areas. A more detailed will be given later this coming week. Keeping the inflation rate below 6% meeting the projected gdp growth rate, between 8 to 8. The allocations for infrastructure and public investment leave no doubt about where the governments priorities lie. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. With the new union budget around the corner and the subtle hints being dropped by the military institutions, a keen government, an assertive and willing leader who wants to.
We hope the government will be able to meet the set target in the fiscal year 201516. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Gross domestic product gdp growth of india for 201516 projected between 8. The link will be updated in hindi and english as soon as budget. 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.
Union budget 2015 looking for a new horizonindia budget 2015 february 2015 slide 11 economic performance. One of the key hopes from the budget is clarity on structural reforms and a roadmap for investment revival. Union budget of india 201516 highlights and analysis. Union budget 201516 impact on the automotive sector tax rate on royalty and fee for technical service payable to non residents has been reduced from 25% to 10% royalty and fess for technical services currently, as per section 194c, tax withholding is not required on payments to. Union budget 201516 summary download pdf commodity futures and the government bond market merged with sebi build giftgujarat international finance tec. Union budget 201516 summary download pdf published on sunday, march 01, 2015. Pdf shocking neglect of health care union budget 201516. Finance minsiter arun jaitley introduced union budget 201516. Here we are providing all pdf s related to union budget 2020.
The budget has been formulated with the twofold objective of promoting inclusive growth and strengthening the federal structure. Union budget for 201516 to be presented on february 28. This is the first full budget for nda government after coming into power. 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.
Finance minister arun jaitley presented the union budget 201516 at the lok sabha on february 28, 2015. Gross domestic product gdp growth of india for 201516 projected between 88. Union budget 201516 a snapshot cooperative federalism keeping with the true spirit of co0perative federalism, a 42% share of the divisible pool of. 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. Union budget 2015 16union budget 2015 16 making one india accomplish durable growth template. A comprehensive and reformoriented budget consolidating on the economic recovery that is now apparent across sectors, the union budget 201516 took several measures to build a more competitive economy. I present this budget in an economic environment which is far more positive than in the recent past. The challenges faced in this 201516 budget this was an unusual budget making exercise for. Union budget 201516 expectations macro economy the union budget for fy16 is due to be announced at the end of this month.
Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 20152016, budget impact, exclusive coverage of budget 2015 news, india union budget 20152016, budget. Highlights of budget, union budget 201516, railway budget 2015, economic survey 2015. Union budget 201516 impact on the bfsi sector a detailed analysis 3 introduction this impact analysis summarises some of the key policy announcements made by the hon. With fresh incentives for individuals announced in the union budget today, the overall deduction limit under personal income tax has gone up to rs 4,44,200 a year. Union budget 201516crisil research impact analysis. You can check 100 key highlights of union budget 2020. Union budget niti aayog and finance commission recommendations. Union budget 201516 the union budget 201516 is the first full budget that has come out from the current nda government. So you can get more knowledge about the planning of government for this year. Will there be any other surprises in the railway budget. Tax benefit on hiring on employees base also widened. 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. Macroeconomic framework for the relevant financial year. Regards team exampundit books for 2015 bankinginsurance exams submit.
This budget has done just that by stepping up the outlay for the infrastructure sector without compromising on fiscal discipline. Here is a pdf containing all the key highlights in union budget 201516. The budget documents presented to parliament comprise, besides the. Live budget news et brings you 360 degree coverage of the budget 201516. For those who wants union budget 201516 year can check out the link below for pdf format. Highlight of union budget for fy 201516 download pdf of union budget 201516 by newstechcafe 09. Madam speaker, i rise to present the budget of the union for the year 201516. Union budget 20152016 english hindi urdu pdf download see union budget 20152016 english hindi urdu pdf download union finance minister arun jaitley has introduced union budget 2015 today at lok sabha. Union budget 201516 impact on the bfsi sector challenges some of the major challenges faced by the economy in the prevailing conditions include the following.
Union budget 20152016 presented by finance minister arun jaitley live duration. Will the budget of the modi governmnet live up to the expectations of the aamaadmi. Union budget 201516 summary download pdf bankexamstoday. Shocking neglect of health care union budget 201516. We are bringing you the highlights and key announcements of budget 201516. Union budget 201516 india, indian union budget 201516, pdf. Union budget 201516 extension of reduced tax rate of 5% on income foreign investors fiis and qfis from corporate bonds and government securities till 30th june, 2017. Amrut mahotsav the year 2022, 75th year of independence vision for team india led by pm.