Finance minister arun jaitley presented the union budget 2017, his fourth annual budget. Cabinet approves union budget for 201617 we believe in the principle that money with the govt belongs to the people. It focused on fiscal discipline and bringing demand in and empowering rural india and overall development of the country. Major highlights of proposed tax slab for ay 201819.
Feb 29, 2016 finance minister arun jaitley presents his third union budget. It was presented before the parliament on 29 february 2016 by the finance minister of india, arun jaitley. Till 2016, it was presented on the last working day of february. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. The union budget for fy 202021 fiscal deficit target revised according finance minister nirmala sitharaman, the government of india is looking to achieve the fiscal deficit target of 3. Speech by the financial secretary, the hon john c tsang moving the second reading of the appropriation bill 2016. Live budget news et brings you 360 degree coverage of the budget 2016 17. Finance minister arun jaitley on monday presented the union budget 201617 in the lok sabha. The printing of the budget documents began with a traditional halwa ceremony on 19 february 2016.
Now, here come the complete highlights of union budget. Lot of new announcements were made by finance minister in budget 201617. Pl sl and cl as per the shop and establishment act, archive. Total investment in the road sector, including pmgsy allocation, would be 97,000 crore during 201617. It was the second full year budget of the nda government under leadership of prime minister of narendra modi and the third budget of arun jaitley as finance minister. Union budget 201819 live updates highlights pdf download. Focus on rural india, tax regime same, but you pay cess. Indias union budget 201920 finance bill, 2019 has been presented by mof sh. India hailed as a bright spot amidst a slowing global economy by imf. Find 2016 union budget highlights along with full coverage. Union budget 201617 in this note we present some trends regarding the central governments sources of financing including tax revenue, disinvestments, and its revenue and capital expenditure, including subsidies.
Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Javacript is either disabled or not not supported by this browser. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Union budget 201819 live updates highlights pdf free download union budget 201819. Union budget of india 201819 highlights pdf cracku. Union budget 201516 india, indian union budget 201516. Budget estimates 201617 total receipts excluding borrowings and other liabilities estimated at rs 14. Union budget india 201920 finance bill, 2019 download. For budget 201617, the government invited suggestions. Identified 9 pillars for having a transforming impact on the economy and life ofpeople1 agri farm and welfare2 rural focus3 social healthcare4 education and job creation5. Budget 2016, india union budget 201617, live, news. Highlights of union budget 201617 current affairs today gktoday. Here are the key highlights of finance minister arun jaitleys union budget 2016 17 speech.
Additional fiscal burden due to 7th central pay commission recommendations. It has to be specially noted that union budget 2016 comes at a time when there is an additional financial. Executive summary the finance minister, arun jaitley announced the budget for the financial year 201617. Highlights of the union budget 201617 financial planning. Skills mission, jobs get a boost in budget 20162017.
The 201617 union budget was presented by arun jaitley, the union finance minister, on 29 february 2016. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. Latest union budget for fiscal situation highlights. The finance minister arun jaitley presented the union budget 201617 on monday. The union budget of india, also referred to as the annual financial statement in the article 112. 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 finance minister arun jaitley presented the union budget 2016 17 on monday. Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 2016 2017, budget impact, exclusive coverage of budget 2016.
Press information bureau government of india highlights of budget 201819 new delhi, 01th february, 2018. Read full text of budget papers, watch video, download pdf. When is union budget 2018 and where can you watch the budget session this year. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. Let us look at the key highlights the finance minister arun jaitley presented the union budget today. Highlights of union budget 201617 latest current affairs. 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. Union budget of india all you needed to know about union budget highlights 201617 and advancements of the general aam budget 2016. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley.
Highlights of union budget 201718 as presented by honble finance minister sh. We also look at estimates presented in the 201617 union budget. Feb 29, 2016 finance minister arun jaitley on monday presented the union budget 2016 17 in the lok sabha. Nirmala sitharaman, today unveiled a series of farreaching reforms, aimed at energizing the indian economy through a combination. Union budget 201617 highlights download finance minister arun jaitley unveiled a budget for the poor on monday29 february 2016, announcing new rural aid schemes and skimping on a bank bailout, in a strategy shift that seeks to boost his ruling party in coming state elections. Indias highest ever kilometres of new highways were awarded in 2015. Arun jaitley we must strengthen firewalls against risks through structural reforms, rely on domestic market. The govt is implementing unified agricultural market scheme for farmers to accessmarkets easily with eplatform 2. There are no changes to the personal income tax slabs. Union budget 20182019 live updates, live streaming, online watch, highlights, pdf file free download, 2018 railway budget and pdf file download. Here are the highlights of the modis union budget 2016. Key highlights of union budget 201617 india infoline. Also know what happened during the session, what were the new schemes introduced and what was good and what was bad in the union budget introduced.
Updates of union budget 20161760 key highlights of union budget 2016171. Key highlights of union budget 201617 budget 2016 speech comes to a close. There are enough indications to suggest that the union budget for 201617 will primarily focus on stimulating growth. On 29th february 2016, finance minister arun jaitley presented his third union budget for 201617 citing the acceleration of gdp growth to 7. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Finance minister arun jaitley presents his third union budget. 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.
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. The budget for the next fiscal year is aimed at vastly improving the rural sector with emphasis on agriculture, education, job and skills training and various reforms supporting the stand up india campaign, among others. Here are the highlights of jaitleys budget for the fiscal year that begins on april 1. 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. Union budget of india all you needed to know about union budget highlights 2016 17 and advancements of the general aam budget 2016. Highlights of budget 201819 new delhi, 01th february, 2018. The union budget for fy 201819, presented on 1st february 2018 by finance minister arun jaitley, has created a buzz in the finance market. Amidst global headwinds, the indian economy has held its own. Highlights,union budget 201617, current affairs 2016,upsc,ibps, business, economy. The budget was expected to balance the fiscal prudence on one hand and emphasis on the need for the fiscal impetus to.
Short notes on union budget 201617 union budget 201617. Allocation of 55,000 corer in the budget for roads. Our post, covering the highlights of indian budget 2016 17, is ready. 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. Regulatory the policy announcements in the budget have been made in the backdrop of technological developments and the peaking of indias population in the productive age groups, a steady focus on ease of doing business and ease of living for all citizens. In 199798, p chidambaram presented a budget that was termed as dream budget. Deduction under section 80jjaa of the income tax act will be available to all assesses who are subject to statutory audit under the act. Highlights of union budget 201718 taxindiaupdates in. The indias finance minister, arun jaitley has announced the indias national budget of nda govt. Union budget of india union budget 201617, 201516 major.
Per campus budget instructions a reserve for salary and related fringe benefit increases has been set aside for possible compensation adjustments in fy17 provisions made for change in hourly rate for classified staff and tes who currently make less than the living wage. It is presented each year on the last working day of february by the finance minister of india in parliament. Mar 01, 2016 updates of union budget 20161760 key highlights of union budget 2016171. Get latest updates on budget highlights, railway budget, expert views and opinion. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 2016 17. There are some benefits and exemptions that can be used while computing personal income tax. To approve nearly 10,000 kms of national highways in 201617.
Key highlights of union budget 2016 17 budget 2016 speech comes to a close. Highlights of union budget fy1617 linkedin slideshare. Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. F inance minister arun jaitley today 29th february 2016 presented the union budget for the year 201617. In addition to an executive summary, the outcome budget 201617 contains seven. Union budget 201516 india, indian union budget 201516, pdf. Model shops and establishments bill to be circulated to.
Arun jaitley we must strengthen firewalls against risks through structural reforms, rely on domestic market so that growth does not slow down. Highlights of union budget 2016 17 simple tax india. It was challenging for finance minister to make budget for 201617, however he has tried his level best in making budget 201617. Income tax rate cut to 5 pc for individuals having income between rs 2. Finance minister arun jaitley presents his third union budget 201617. We plan to release the highlights of central plan 2016, central assistance 2016, economic survey 2015 etc in coming posts. Highlights, union budget 201617, current affairs 2016,upsc,ibps, business, economy union finance minister arun jaitley presented union budget 201617 in the parliament. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments.
The union budget this time makes a good attempt to guide the economy in the right direction. The budget focussed on social development, growth in rural areas and easier tax regime. Live budget news et brings you 360 degree coverage of the budget 201617. All the highlights from the union budget of india 2016 17. The finance minister arun jaitley presented the union budget today. Our post, covering the highlights of indian budget 201617, is ready. Lets take a look key highlights of union budget 201617. It has to be specially noted that union budget 2016 comes at a time when there is an additional financial burden to due the implementation of 7th pay commission report and orop one rank one pension. Accelerating the momentum march 2016 slide 14 economic performance.
Following are the highlights of the union budget for 20162017 presented by union. Finance minister arun jaitley presented union budget 201617 in parliament on monday. Every year, clearias used to publish a short analysis of indian budget and economic survey. Additional 15,000 crore to be raised by nhai through bonds. Union budget 197374 is known as black budget of india as budget deficit rose to rs 550 crore. Existing rate of taxation for individual assesses between income of rs.
As is expected, there were some things that became economical while there were a few others. Government to infuse 250 billion rupees capital into staterun banks in 201617. Here is a pdf containing all the major highlights of union budget 201617. Union budget 2016 17 highlights download finance minister arun jaitley unveiled a budget for the poor on monday29 february 2016, announcing new rural aid schemes and skimping on a bank bailout, in a strategy shift that seeks to boost his ruling party in coming state elections. Brief summary, financial, general, family, it latest update. If you continue browsing the site, you agree to the use of cookies on this website. Read to know more about the highlights of union budget of india 201617.
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