Click here to download latest union budget 201819 the union budget is the annual report of india. Union budget 2020 summary get the highlights of the budget. Get the latest news on budget 2020, income tax, railway budget, agriculture budge, infrastructure budget and more, catch live coverage of the 2020 union budget on ndtv profit. The important economic terms related to the union budget article 112 for upsc exam are given. Important economic terms related to union budget upsc 2020. So you can get more knowledge about the planning of government for this year.
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 economic times brings you the latest live update on union budget 20 14 presented by finance minister p chidambaram on 28th february 20. Income tax exemption limit raised by rs 50,000 to rs 2. Dear ep ians, indian finance ministry has announced the union budget for the fiscal year 2020 which was most important gk topic for all competitive exams. Presentation of union budget 2012 on 16th march 2012 guidelines as you are aware the union budget for 201220 is slated to be presented by the honble finance minister on 16th march, 2012. Join our telegram channel if you are new to upsc field, we recommend you to know. The budget is presented by the finance minister of india in parliament. Union budget 2020 download pdf as you all know that today our finance minister nirmala sitharaman declared union budget 2020. We have come up with important questions on union budget 2017. 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. Union budget 202021 free current affairs pdf download, free. Nirmala sitharaman made her maiden budget speech today and presented the union budget 201920 before the parliament. Union budget 20 14 free download as powerpoint presentation. Seaford union free school district 1600 washington avenue seaford, ny 11783 516.
Budget is most economic event in the country which outlines all the economic planning of the government of india for the next year. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. Gdp data from economic survey 2014 201415 projection by author. Medium term fiscal policy cum fiscal policy strategy statement. Here we are providing all pdf s related to union budget 2020. The budget has presented a broad road map of the economic policy of the new. 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.
Brief summary, financial, general, family, it latest update. Union budget 201819 the union budget for 201819 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on. Historical budget documents are available for reference purposes. Jul 02, 2016 agreement between state of california and service employees international union seiu local covering bargaining units 1, 3, 4, 11, 14, 15, 17, 20, and 21. Business services corning union elementary school district.
Government and outlined its plan for reviving the growth spirit of. Latest budget news reports, views, budget videos, budget analysis, budget 20. Major highlights of proposed tax slab for ay 201819. Also, check 15 important terms seen in the news related to the indian economy. 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. Major highlights of union budget 2020 important key. In this page, you can read all about what a budget is, and what to expect in the union budget 202021. There is no restriction on clearance of goods from the factory on budget day. Comprehensive analysis on changes in service tax act by union budget 2014 15. In 195152, c d deshmukh was the first indian governor of rbi who presented the interim budget. Budget in brief presents an abridgement of the federal budget 201819. The economic times amidst a state of economic slowdown, all eyes are on finance minister p chidambarams union budget 2014 to rescue the economy from the jaws of a possible sovereign downgrade.
Moodys lowers indias outlook to negative from stable. Agreement between state of california and service employees international union seiu local covering bargaining units 1, 3, 4, 11, 14, 15, 17, 20, and 21. Union budget is defined under article 112 of the indian constitution. The union budget is the annual budget of the indian republic. Presenting the first union budget of the third decade of the 21st century, finance minister smt. Chidambaram minister of finance february 17, 2014 madam speaker, introduction i rise to present the interim budget for 201415. Building operations custodial general information centerreservations post office. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Indian economy will grow to become 3 trillion dollar economy this year, the 59yearold union minister said in budget speech. In this regard you may like to note the following points. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Infusion of equity in banks amounting to rs 2,40,000 cr by 2018 in line with baseliii norms.
Finance minister nirmala sitharaman presented the union budget 2020, the first of the new decade, to parliament. Find union budgets, state budgets, rbi data and municipal budgets across years. Member states enhance ownership of the budget of the union by financing 100% of the operating budget, 75% of programs and 25% of peace and security budget effective january 2016 to be phased incrementally over a fiveyear period. In 195859, pandit jawaharlal nehru was the first pm who presented the union budget. Union budget of india 201415 highlights and analysis. Expected gk questions from union budget 2020 free download pdf. The ministry of health and family welfare received an allocation of rs. Having covered the economic survey 2014 in our last post, in this post let us see the highlights of the first budget of narendra modis government. Live updates of union budget 201819, 201718, 201617, 2015. Budget preponement will give sufficient time to departments to implement government schemes. On november 26, 1947, the first union budget of independent india was presented by r. Jul 10, 2014 the following are the union budget 2014 15 highlights. Indian railway budget 201415, rail budget highlights, pdf, india.
The union budget of india for 20142015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. Dutt majumder, chairman, central board of excise and customs. The union budget of india also called the general india budget is presented each year on the last working day of february. Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. You can check 100 key highlights of union budget 2020.
Decides to increase by 2% to reach the target of 1% and 12% for women fund and peace fund respectively. Please utilize them for building your knowledge and dont make them commercial. Gs score summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. The 2017 union budget was presented by finance minister arun jaitley on february 1, 2017. Indian finance minister arun jaitley presented the union budget 201415 today. Highlights of budget 201920 pdf download now governmentadda. Capital of banks to be raised by increasing the shareholding of. Indian economy will grow to become 3 trillion dollar economy this year, the. Budget 2014, live update on indian union budget 20 the. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operation guide, as a financial plan, and as a communications medium. Union budget 201415 a snapshot economic initiatives in budget financial sector banking rbi to create a framework for licensing small banks and other differentiated banks. Abatement in case of construction for residential units having carpet area upto 2000 sq. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Union budget 201920 was presented in the parliament today by union finance minister nirmala sitharaman.
The union budget of india for 20142015 was presented by finance minister, arun jaitley on. The following are the union budget 201415 highlights. The journey for fiscal deficit target of 3% will be achieved in. Expected gk questions from union budget 2020 free download. Key highlights of the interim union budget 2014 15 union finance minister p chidambaram has presented the interim budget for fiscal year 2014 15.
Here are the important key highlights from the budget. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong. Union budget 2018 19 vs 201718 linkedin slideshare. The government of indias union budget, for the financial year 201819, was presented to the parliament of india on 1st february 2018 22. Union budget 202021 highlights of union budget 2020.
Key to budget documents pdf file opens in a new window. From this year, the budget announcement is preponed to february 1 from the last working day of february. Union budget 2014 impact on the rei sector 10 indirect tax proposals service tax standard rate of service tax is retained at 12%. India union budget 2020, ministry of finance, 1 february 2020 3. The growth of the economy is targeted between 78% over the next 34 years. Union budget industry expectations 201718 airline key expectations of industry current rate expectation care ratings view impact on industry inclusion of jet fuel in gst ambit reduction in excise duty and vat on jet fuel 30% 18% this is expected to reduce cost of fuel which forms 60% of the cost for airlines and improve profitability. Union budget of india 201819 highlights pdf cracku. 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. Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. Union budget 2020 live news analysis insights trends.
Already we have given the highlights of union budget 2020, now we have given the list of important expected gk questions from union budget. And we all know that in every exam whether it is of bank, ssc or any other exam, the budgets questions will be there definitely. Gs score summary of union budget 202021 pdf free upsc. 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. The key highlights of union budget 2019 are as follows. 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. Detailed information is available in the relevant budget documents. The budget documents presented to parliament comprise, besides the.
Union budget expenditure statem ent vol 1, budget 201415, ministry of finance, gov t of india, new delhi 10th july2014. The department has received the government finance officers association distinguished budget presentation award since fiscal year 198889. Union budget 202021 free current affairs pdf download. Union budget 201415 india, indian union budget 201415. The institute of chartered accountants of india organized a workshop on indirect proposals of the union budget 201112 at its headquarter in new delhi on march 17,2011. It provides aggregated information on revenues and expenditures, budgeted for fiscal year 201819 alongwith budget estimates and revised estimates for the outgoing fiscal year 201718.