Union budget 2015-16 pdf

For those who wants union budget 201516 year can check out the link below for pdf format. Union budget 2015 looking for a new horizon in the last budget in july 2014, the new government had. Finance minister arun jaitley presented the union budget 201516 at the lok sabha on february 28, 2015. Union budget 201516 page 1 service tax reverse charge. Union budget of india 201516 highlights and analysis. Please share your experience regarding our site,if u have any suggestions or complaints comment below and subscribe us with your emailid and like our facebook page to be updated with.

Arun jaitley, during his union budget 201516 speech on 28 february 2015. 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. Union budget 2015 16union budget 2015 16 making one india accomplish durable growth template. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The budget process is covered by live tv and extensively by most newspapers each year. Macroeconomic framework for the relevant financial year. 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. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth.

Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget. Click here to reach the complete text of union budget 201516 speech pdf. Additional 2% surcharge for the superrich with income of over rs. Union budget 2015 looking for a new horizonindia budget 2015 february 2015 slide 11 economic performance. 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 the union budget 201516 is the first full budget that has come out from the current nda government. Tax benefit on hiring on employees base also widened. It was a budget for corporates as corporate tax reduced from 30% to 25%. Rate of corporate tax to be reduced to 25% over next four years. Most large companies have their own analysis of the budget. Pdf shocking neglect of health care union budget 201516. This is the first full budget for nda government after coming into power. 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.

Arun jaitley announced his first full union budget 201516 on 28th february. The budget 202021 will be presented by finance minister nirmala sitaraman. Click here to download pdf file of highlights of union budget, 201516 so these are the highlights of union budget 201516. 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. Union budget 202021 india date and time, timings, income tax slab rate expectations. Union budget 201415 india presented by mr p chidambaram, the union finance minister, in parliament on feb 17, 2014.

Union budget 201516 india, indian union budget 201516, pdf. All of this is hugely important and indeed necessary for greater scrutiny and analysis by citizens across the country. 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. Monetary policy framework agreement with rbi, to keep inflation below 6%. Highlight of union budget for fy 201516 download pdf of union budget 201516 by newstechcafe 09. Union budget 201516 a snapshot cooperative federalism keeping with the true spirit of co0perative federalism, a 42% share of the divisible pool of. The challenges faced in this 201516 budget this was an unusual budget making exercise for. Union budget 201516 india, indian union budget 201516. Madam speaker, i rise to present the budget of the union for the year 201516. 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.

It presents a significant push towards reforms and aims for growth and development for all segments of society. It outlines a comprehensive vision for citizens with strong focus on growth, investment, job creation and social security. Union finance minister, arun jaitley on 28 february 2015 presented union budget 201516 in the lok sabha. Gdp growth in 201516, projected to be between 8 to 8. Sukanya samridhhi yojna gets taxfree status sukanya samriddhi scheme is a new entrant in the smallsavings schemes category aimed at encouraging savings for a girl childs. The key features of the union budget 201516 can be accessed as a pdf 274 kb through the. 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. 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. 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. This budget has done just that by stepping up the outlay for the infrastructure sector without compromising on fiscal discipline. Personal indisposition or the weight of expectations of over a billion indians one. Union budget niti aayog and finance commission recommendations.

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. Defense expectations discussion in indian defence forum started by npm, jan 16, 2015. Finance minister arun jaitley on saturday presented his maiden fullyear budget for the 201516 financial year in the lok sabha. 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. Amrut mahotsav the year 2022, 75th year of independence vision for team india led by pm. 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. Budget estimates total expenditure is budgeted at rs 17. We are bringing you the highlights and key announcements of budget 201516. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Union budget 201516 summary download pdf published on sunday, march 01, 2015. The union budget 201516 has picked up exactly from where the previous budget left. The budget documents presented to parliament comprise, besides the. Pdf union budget 201516crisil research impact analysis. Increasingly, there is an effort by civil society groups to analyse the budget to decipher the allocations to the social sector.

Finance minsiter arun jaitley introduced union budget 201516. 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 flows across plan of union budget 201415 and 201516 is indicated below. Budget pragmatic, will reignite growth, says modi union budget 201516. I present this budget in an economic environment which is far more positive than in the recent past. Medium term fiscal policy cum fiscal policy strategy statement. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony.

The allocations for infrastructure and public investment leave no doubt about where the governments priorities lie. Service tax would be levied on processes, unless otherwise specified in the negative list, not amounting to manufacture or production of goods carried out by a person for another for. Memorandum explaining the provisions in the finance bill, 2015. Arun jaitley, during his union budget 201516 speech on 28. Union budget 201415 india, indian union budget 201415. This was the first full year budget of the nda government and the second budget of. The link will be updated in hindi and english as soon as budget announced. Key to budget documents pdf file opens in a new window. 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. 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. Highlight of union budget for fy 201516 download pdf of.

Union budget 201516 national portal of india government of india. Shocking neglect of health care union budget 201516. 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. Union budget 201516crisil research impact analysis. We do hope to hence provide a comprehensive view of the budget which the reader. Union budget 201516 summary download pdf bankexamstoday. 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.