Devolution of resources to states in terms of resources transferred to states, while the share of states in central taxes as percentage of. Economic survey 201718, india budget, 29 january 2018 2. The union budget for 201617 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 29, 2016. Finance minister arun jaitley presented the union budget. 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. Reuters highlights of union budget 2016 17 8 min read. Live budget news et brings you 360 degree coverage of the budget 201617. The general public remains hopeful of a populist budget one that will promote insurance penetration, reduce taxes, and make financial services and products less expensive. Memorandum explaining the provisions in the finance bill, 2016. The union budget 201718 is mainly focussed on the 10 issues. 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. We will update the pdf file of 2018 budget when the budget sessions are completed.
Union budget 2016 an analysis of budget proposals 1. This article will discuss about the important initiatives undertaken by the. Gross domestic product gdp growth of india for 201516 projected between 88. Key changes in service tax amidst huge expectations, the hon ble finance minister shri. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The budget provision of rs 5,500 crores for this yojana in be 201617 was increased to rs,240 crores in re 201617 to settle the arrear claims. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 2016 17. The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Accelerating the momentum march 2016 slide 15 economic performance. Accelerating the momentum march 2016 slide 14 economic performance.
Watch live union budget 201718 news, live steaming of india finance budget, highlights, expectations on budget 2017 speech by finance minister arun jaitley. It was presented before the parliament on 29 february 2016 by the finance minister of india, arun jaitley. It is no secret that the finance minister mr arun jaitley had to present his budget in an economic environment characterized by more of gloom and less of advantage. Live india budget 2016 news coverage online, highlights of union budget 2016 17, income tax slab, fdi, fiscal policy, gst bill by finance minister arun jaitely. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. In this context, the union budget 201617, has taken many initiatives. What is the procedure for approval of union budget by the parliament. The union budget 2018, which is the last budget before the general elections, will be presented on 1 february 2018 to the parliament. Enhancing expenditure in priority areas of farm and rural sector, social sector, infrastructure sector employment generation. Here we are creating quiz covering important news in union budget 2016, which is common for all the ibps exams and other competitive exams.
The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Union budget 201819 live updates highlights pdf download. The key features of the union budget 201516 can be accessed as a pdf 274 kb through the. Union budget india 201920 finance bill, 2019 download. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. The union budget for 2016 17 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 29, 2016. 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. Brief summary, financial, general, family, it latest update. The budget carries forward the vision of the government to assure that the fruits of development reach all segments of the society. We do hope to hence provide a comprehensive view of the budget which the reader. The event will be aired on tv as well as streamed live online. Union budget 201516 india, indian union budget 201516, pdf. Full text of the speech by fm arun jaitley take a look at things that became expensive and cheaper postbudget announcements. Pdf union budget 201617 and the north east bhagirathi.
Here are the key highlights of finance minister arun jaitleys union budget 2016 17 speech. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. Medium term fiscal policy cum fiscal policy strategy statement. Highlights of budget, union budget 2016 17, railway budget 2016, economic survey 2016. Income tax rate cut to 5 pc for individuals having income between rs 2.
Union budget 201718 questions and answers are very useful for the competitive exams like bank exams, civil, any other government exams. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Finance minister arun jaitley arriving to present the general budget 2016 at parliament house along with mos finance jayant sinha,in new delhi,on 29. The union budget 2018 presented by finance minister arun jaitley today gave a provision for minimum support price of all crops to be increased to at least 1. It is a budget that focuses on growth and development, while keeping the focus on strengthening the governance fabric of the nation. 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.
So, stay tuned to this page for pdf file of union budget 201819. The underlying premise of this book is to evaluate the provisions of the budget 2016 in detail so as to find out the impact along with the pros and. Arun jaitley presented the third fullyear udget of the hon ble prime minister shri. Union budget 201415 india, indian union budget 201415. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. Arun jaitley presented a resilient india budget 2016 which spells the transformative agenda for the india economy identifying nine key pillars for the gdp growth. Here are highlights finance minister arun jaitley announced in his. Continuing governments path of fiscal reduction and consolidation, the finance minister projected a fiscal deficit of 3. Meeting fiscal deficit target for fy17 a challenge, says government, the business standard, august 2016 3. Introduction indirect taxes service tax cenvat central excise customs direct taxes index 3. On the growth path february 2017 pwc 6 global economy the world economic growth for 2016, at an estimated 3. F inance minister arun jaitley today 29th february 2016 presented the union budget for the year 201617. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Union budget of india 201819 highlights pdf cracku. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. This is clearly an indication of the governments effort on levying more tax on the superrich. Union budget 201819 important points download pdf thegkadda. Budget 2016 contents page summary of 2016 budget measures policy changes a1. Particulars bcdcvdsad export duty metals, glass and ceramics 37 silica sand 5% 2. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. It is the first budget after major changes in indian economy like goods and services tax and demonetization in 2016. Union budget 201516 india, indian union budget 201516. Presidents recommendation is obtained under article 1171 and. Download pdf copy of budget 201920 finance bill 2019.
Gk question on union budget 2017 pdf, union budget 2017. Finance minister arun jaitley on monday presented the union budget 201617 in the lok sabha. Key to budget documents pdf file opens in a new window. Finance minister arun jaitley on monday presented the union budget 2016 17 in the lok sabha. The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. Agriculture and allied key features union budget 201617 focus areas.
Compiled by cbga from budget at a glance, union budget documents, various years. Live budget news et brings you 360 degree coverage of the budget 2016 17. Always revise this pdf once or twice before every exam you are going to write this year. Agriculture and allied key features union budget 201617. From 20 february until the presentation of budget about 100 government employees remained locked up in the north block of the secretariat building, new delhi, which houses the budget printing press, to maintain secrecy. The printing of the budget documents began with a traditional halwa ceremony on 19 february 2016. Introduction the honble finance minister presented the union budget for the fy 2016 17 with positive note on the growth achieved so far. Union budget analysis 201718 the union budget for 201718 can be seen as being a pragmatic budget, having its agenda outlined towards investments, rural development, skill enhancement, welfare programs and boost to consumption by way of tax relief and social sector schemes, all the while keeping its eye on the fiscal consolidation roadmap. Finance minister arun jaitley presented the union budget 2017. Indias union budget 201920 finance bill, 2019 has been presented by mof sh.
Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 20162017, budget impact, exclusive coverage of budget 2016 news, india union budget 20162017, budget. Presidents recommendation is obtained under article 1171 and 1173 for introduction and consideration. Mar 01, 2016 d2g has prepared a consolidated pdf of economic survey, railway budget, and union budget 2016. D2g has prepared a consolidated pdf of economic survey, railway budget, and union budget 2016. Get latest updates on budget highlights, railway budget, expert views and opinion. This is owed largely to the turbulence in the world financial market in the first half of 2016 due to major setbacks such as brexit, chinas slowdown, low oil prices and. For budget 201617, the government invited suggestions from citizens through twitter for. Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley. Live india budget 2016 news coverage online, highlights of union budget 201617, income tax slab, fdi, fiscal policy, gst bill by finance minister arun jaitely. Union budget of india is the annual financial statement of india for the fiscal year 20162017.
Finance minister arn jaitley has presented the 2017 union budget on 01st february 2017. Pwc fiscal deficit the fiscal deficit in re 201516 and be 201617 have been retained at 3. First pillar is agriculture focus on doubling farmers income in five years. The declining expendituregdp ratio has had its consequences on overall social sector allocations which were reflected in the budgets placed in the previous two years. Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. Pwc fiscal deficit the fiscal deficit in re 201516 and be 2016 17 have been retained at 3. Dec 28, 2018 finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Major highlights of proposed tax slab for ay 201819.
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