Indian union budget 2014 date, indian general budget 20. Cii has welcomed the union budget 20 14, which is growth and investment oriented. Doc highlights of the union budget for 2014 presented. Historical budget documents are available for reference purposes. 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. It includes budgetary allocations for the pay and allowances of navy, reservists, civilians, transportation, works and other expenditure. Indian union budget 2014 annual financial statement. Indias finance minister p chidambarampresented the union budget 2014 in parliament on february 28, 20 4. 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. Overview of the union budget 2014 grant thornton india. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020.
A new fiscal consolidation path with fiscal deficit at. Revised estimates re of the expenditure in 2012 at 96 per cent of the budget estimates be due to slowdown and austerity measures. Abatement in case of construction for residential units having carpet area upto 2000 sq. P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. 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. The union budget of india for 202014 was presented by finance minister, p. 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. Tax deduction at source on transaction of immoveable. Indian union budget 2014 date, indian general budget. If revenue targets are not met, fi scal consolidation can go off the track as the scope for expenditure contraction is limited.
You can check 100 key highlights of union budget 2020. Jul 10, 2014 the following are the union budget 201415 highlights. Union budget 2014 of india highlights live rail pdf. Proposal to set up indias first womens bank as a public sector bank. Union budget 2014 pdf file download there had been widespread expectation, fuelled in part by comments by finance ministry officials, that chidambaram would present an austere budget in line with the spending cuts he forced on government ministries in recent months. National health mission nhm services to an ageing population. The union budget for 2014 aims at higher growth leading to inclusive and sustainable development. Jun, 2016 the revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. The union budget is also known as the annual financial statement. Macroeconomic framework for the relevant financial year. Annual financial statement, indian new budget 20, annual financial statement of india budget 202014, annual financial statement of budget 2014, 2014 budget, india budget 202014, financial statement. 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. With widespread reform measures initiated in recent months and the global economy poised for a moderate recovery in 20.
The fi scal consolidation proposed in the union budget for 2014 is a combination of a marginal reduction in aggregate nonplan expenditure and buoyant revenue growth. Page 2 executive summary union budget 2014 has been popularly received as a womencentric budget. So you can get more knowledge about the planning of government for this year. Union budget keeps the account of the governments finances for the fiscal year that runs from 1st april to 31st march. Union budget 2014 speech by finance minister youtube. 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. Day for which many individual was waiting has finally came, finance minister p chidambaram has presented union budget 2014 on 28 th feb,20. How does india government plan to raise income as per union budget 20 14. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu seyal. 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. 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. 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. It is provided that if the manufacturer of goods or the provider of output service fails to pay the amount payable under subrules 5, 5a, and.
Cbga how well does union budget 2014 address genderbased challenges. 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 2014. Women belonging to the most vulnerable groups, including single women and widows, must be able to live with selfesteem and dignity. After the 12th five year plan and the economic survey 2012, the union budget 2014 is yet another important policy pronouncement by the united progressive alliance upa ii government, where it has. Decoding taxes budget deals with issues of macro imbalance, provides the corrective on fiscal deficits which everyone wanted. Union budget of india is the countrys comprehensive annual financial statement. Memorandum explaining the provisions in the finance bill, 20. 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 2014 would be presented by finance minister, p chidambaram in parliament today. Cii has welcomed the union budget 2014, which is growth and investment oriented. Govt announces nirbhaya fund for safety, empowerment of women union budget 2014. A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year.
Union budget 20 14 final authorstream presentation. The union budget for 2014 aims at higher growth rate leading to inclusive and sustainable development as mool mantra. Total union budget allocations for defence servicesnavy under the ministry of defence. Direct tax income limit under rajiv gandhi equity savings scheme rgess will be raised from rs. The finance minister, in his speech for union budget 2014, did acknowledge that owing to the.
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. Here are some highlights of what education received from the budget 2014. According to article 112 of the indian constitution, the union budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Highlights and impact of the union budget 2014 on the. Union budget 20 14 india presented by mr p chidambaram, the union finance minister, in parliament on feb.
The revised expenditure target is rs 14,30,825 crore or 96 per cent of budget estimate for this fiscal. Cii is happy that many of its suggestions have found mention in the. The finance bill, 20 seeks to prescribe the rates of incometax on income liable to tax for the assessment year 2014. Union budget 2014 of india highlights live rail pdf income. The union budget for 2014 has forecast a fiscal deficit refer chart 1 of 4. Union budget 2014 india presented by mr p chidambaram, the union finance minister, in parliament on feb. Getting back to potential growth rate of 8 percent is the challenge. The union budget for 20 14 aims at higher growth rate leading to inclusive and sustainable. Prior to budget many expectation were set that tax relaxation will be given, inflation will be reduced but for common man this budget. Montek singh ahluwalia deputy chairman, planning commission the idea is to work on deepening financial markets, broadening them to reach every indian. The union budget for 20 14 has forecast a fiscal deficit refer chart 1 of 4. The total expenditure in the union budget 2014 is pegged at rs. The budget of the european union is financed by own resources, other revenue and the surplus carried over.
Major highlights of budget 20, railway budget 20, budget expectations and much more. Nirbhaya fund to empower women and to keep them safe and secure. The nonplan expenditure is estimated at rs 11,09,975 crore. Rs 1 lakh crore allotted for enhancing skills of youth.
Mar 30, 20 the fi scal consolidation proposed in the union budget for 20 14 is a combination of a marginal reduction in aggregate nonplan expenditure and buoyant revenue growth. 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. Feb 28, 20 union budget 20 14 pdf file download there had been widespread expectation, fuelled in part by comments by finance ministry officials, that chidambaram would present an austere budget in line with the spending cuts he forced on government ministries in recent months. An insight into the union budget 2014 the companion. 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 20 14 highlights pdf download gr8ambitionz. We are a comprehensive and userfriendly open data portal facilitating free, easy and timely access to relevant data on government budgets in india. Slowdown in indian economy has to be seen in the context of slowing global economic growth from 3.
Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. Get the latest news on union budget 20 14 of india. The union budget consists of a detailed account of the governments finances, its revenues and expenditures. Budget highlights of the union budget 2014 ias exam. The union budget for 20 14 aims at higher growth leading to inclusive and sustainable development. Samiha garg hemant behl prateek bajaj nisha kalra puneet pal singh 2. You can view the live webcast for the same courtesy nic. In 2014, the budget estimate is rs 16,65,297 crore. India budget 202014 highlights key features of budget 202014.
Scribd is the worlds largest social reading and publishing site. 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. Mar 01, 20 the union budget of 20 14 emphasized fast track economic growth with due importance on infrastructure development, skill development, employment generation and funding for social schemes. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. February 28, 20 the proposals made in the finance bill 20 bill are as follows. Getting back to potential growth rate of 8 percent is the challenge facing the country. Response to union budget 2014 centre for budget and. Union budget is defined under article 112 of the indian constitution. How well does union budget 2014 address genderbased. Chidambaram on 28 february 20, 11 am salient features of the budget. Article 112 of the constitution of india lays down that it is a statement of the estimated expenditure and receipts of the government for a particular year the budget keeps the account of the finances of the government for the fiscal year from 1st april to 31st march. Highlights of the union budget for 2014 presented by finance minister p. 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 2020 summary get the highlights of the. Union budget 2014 government budget balance government. How does india government plan to raise income as per union budget 2014. The following are the major highlights of the union budget 20 14 presented by the honble finance minister mr. Union budget 2014 investor foreign direct investment. Full text railway budget 201415 speech of sadananda gowda download in pdf. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Here we are providing all pdf s related to union budget 2020. Union budget 20 14 department of higher education datasets open budgets india. It contains budgetary allocations for expenditures related to.
1268 1396 313 849 1498 238 1050 1205 272 880 1442 679 61 69 1032 423 1201 213 1550 1266 56 1081 251 1093 1172 1493 1304 639 1263 612 715 4 484 1344 1469