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. It also contains estimates for the next fiscal year. Highlights of financial 2014 budget in share and stock. Chidambaram on thursday presented the union budget for fiscal 2014 in parliament today. The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Income tax rates and slabs for the financial year 2014, assessment year 201415 remains same as of financial year 2012 with a few amendments. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. Slowdown in indian economy has to be seen in the context of slowing global economic growth from 3. National health mission nhm services to an ageing population. From 11th largest economy in 2014 to 6th largest economy in 201920 cad from 5. Chidambaram on thursday presented the union budget for fiscal 20 14 in parliament today. Budget was guided by mission to strengthen agriculture, rural development, health, education, employment. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb.
Feb 28, 20 the union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Click to view download the entire book, even for print. Person taking a home loan for his first home during the period 2014 will be entitled to an additional. The gross domestic product gdp of india is estimated to have grown at 8. Union railway minister pawan kumar bansal presented the union railway budget for 2014 in lok sabha on 26 february 20. The union budget for 20 14 has been presented amidst a particularly challenging macroeconomic scenario. His speech was marred by protests over the proposed division of a telangana state.
Union budget 20 14 would be presented by finance minister, p. Medium term fiscal policy cum fiscal policy strategy statement. The major highlights of the budget are the introduction 106 new trains. 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. Budget highlights key features union budget of india.
Highlights of financial 2014 budget in share and stock sector. The union finance minister today presented the budget for the year 2014. 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. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. The finance minister p chidambaram presented the union budget before the parliament on feb 28.
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. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Highlights of budget 2014 presented by rajib deb m. 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. 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. Eastern indian states to get rs 1,000 crore allocation for improving agricultural production. Kotak securities brings you various videos on the analysis and highlights of budget 2014 by our panel of financial experts. The union budget for 2014 has been presented amidst a particularly challenging macroeconomic scenario. The indian economy will have to maneuver its way through a.
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. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. Imagse via bing indian railway budget 2014 highlights powerpoint presentation. This has been made possible by inserting a new section 87a in the income tax act of 1961.
Comments of the department of revenue on the first discussion paper on gst. Some of the key points that were highlighted by chidambaram in. Iibf vision 2 march 20 union budget highlights top stories. Union budget 20 14 highlights pdf download friday, march 01, 20 current affairs, current affairs important updates 28 comments. The union budget 20142015 aims to cater all groups of the society. Feb 28, 20 the highlights of the union budget 2014 are as follows. February 28, 20 the proposals made in the finance bill 20 bill are as follows. Chidambaram on 28 february 20, 11 am salient features of the budget.
The 2014 budget caps an intensive and detailed seven month campaign which was presented by union finance minister p. 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. Indian rupee witnessed significant depreciation in 2014 and average exchange rate of the rupee reached a peak in september 20 at. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Finance minister p chidambaram presented one of the most highly anticipated budgets of recent years on thursday, as the government looks to rein in a bloated. It has been one of the most anticipated indian budgets of recent years as the government tries to rein in a bloated fiscal deficit. Railway budget 202014 highlights and list of new trains download. The highlights of the union budget 2014 are as follows. 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 main highlights of union budget 201220 are presented on this page. Indian union budget 2014 date, indian general budget.
The following are the major highlights of the union budget 2014 presented by the honble finance minister mr. Union budget 201112 highlights budget highlights 201112. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. The finance minister began his speech by seeking the support of all stakeholders in helping navigate the indian economy through the current. 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.
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. Union budget 20 14 highlights pdf download gr8ambitionz. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this. I posted the income tax calculator for fy 2014 and received a continue reading. Tax deduction at source on transaction of immoveable property with resident it is proposed, w. First home buyers who avail home loan in fy 2014 up to rs. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore.
The union budget of india for 202014 was presented by finance minister, p. India budget 202014 highlights key features of budget 202014. First discussion paper issued by empowered committee of sfm. India budget 20 2014 highlights key features of budget 20 2014. Image via bing indian railways is an indian stateowned enterprise, owned and operated by the government of india through the ministry of railways. Union budget 2014 highlights no change in income tax.
Union budget 2019 pdf highlights download aspirants zone. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. Allocation of rs 1,069 crores to the department of ayush rs 4,727 crores allocated for medical education, training. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. Indian union budget 2014 date, indian general budget 20. Imagse via bing indian railway budget 20 14 highlights powerpoint presentation. The constitutional amendment bill to make laws in respect to goods and services tax gst. Get complete coverage of union budget 202021 and find all the latest news headlines, budget 2020 highlights along with live videos on india budget. The union budget is the financial annual report of india as a country. Union budget 201112 highlights budget highlights 201112 swift and broad based growth in 201011 has put the economy back to its precrisis growth trajectory.
Finance minister arun jaitley presented the general budget 201819 in parliament on thursday. Feb 26, 20 union railway minister pawan kumar bansal presented the union railway budget for 20 14 in lok sabha on 26 february 20. Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on friday. How does india government plan to raise income as per union budget 20 14. 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. Overview of the union budget 2014 grant thornton india.
To meet the enormous challenge of skilling the indian youth towards jobs. Social welfare, education and medical services are the major spenders of public resources. Feb 27, 20 finance minister p chidambaram presented one of the most highly anticipated budgets of recent years on thursday, as the government looks to rein in a bloated. What were the main highlights of the indian budget 2012. The highlight of budget 20 for common man was the tax rebate of rs 2,000 for people with income of less than rs 5 lakhs. Tax cut for middle class, relief for small farmers.
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