The union budget of india for 201220 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. All you need to know about budget 2018 all you need to know about budget 2018 dd news is the news channel of indias public service broadcaster. Exemption limit for the general category of individual other than point b, huf, aop, boi taxpayers enhanced from rs. Most of the people have demanded to increase tax exemption limit from1. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams like rbi, nabard and other government exams. You can use your aadhaar number to file your it returns soon. An analysis overview of the economy gdp growth estimated at 6. Highlights of union budget 20112012 times of india. Based on a projected buoyancy in nontax revenue and indirect taxes lthe nominal growth rate of gdp is expected to be 14% for 2012. Brief summary, financial, general, family, it latest update. Address supply bottlenecks in agriculture, energy and transport sectors. Mukherjee said that indias gdp growth in 2012 is expected to be 7. Lcd, led panels exempted from customs duty customs duty on standard gold bar and coins exceeding 99. Presenting amendments to finance bill, pranab mukharjee said i presented the budget for the year 2012 on 16th of march, 2012.
Here are highlights finance minister arun jaitley announced in his. Union budget 2018 highlights key points of union budget. Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters. He said that in 201112, indias gdp is estimated to grow at 6. We have provided you with all the important highlights of union budget 2018. Revenue side domestic and global factors combined have had a bearing on the tax revenues during. Gst implementation and demonetization surplus liquidity in banking system will raise access to credit, leading to. Special focus on women and childrens facilities, the construction of worldclass cities, and welfare of senior citizens. The government presents it on the first day of february so that it could be materialised. Liability to pay advance tax in case of nondeduction of tax w.
Budget highlights key features pdf related websites. Income tax exemption limit has been raised from rs. Budget speech 2012 , budget highlights 2012 , budget 2012 , india budget 2012 , budget speech, new india budget, india new budget, budget 2012 india, union. Union budget 201516 india, indian union budget 201516, pdf. 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. Slowdown in comparison to preceding two years is primarily due to deceleration in industrial growth. Following are some of the highlights of the indian union budget2012, presented by the indian union finance minister, mr pranab mukherjee. Major highlights of proposed tax slab for ay 201819. The honble finance minister pranab mukherjee presented the union budget for the financial year 2012 20 in parliament on 16th march 2012.
So, stay tuned to this page for pdf file of union budget 201819. Union budget 201112 highlights budget highlights 201112 swift and broad based growth in 201011 has put the economy back to its precrisis growth trajectory. Gross domestic product gdp growth of india for 201516 projected between 88. Medium term fiscal policy cum fiscal policy strategy statement. Budget highlights 201718 this year budget agenda is to transforms, energies and clean india i. Historical budget documents are available for reference purposes. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Highlights of central plan 2012 20 resources transferred to state and u. Budget speech 2012, budget highlights 2012, budget 2012, india budget 2012, budget speech, new india budget, india new budget, budget 2012 india, union. Based on a projected buoyancy in nontax revenue and. The economic times is liveblogging the union budget 2012. Union budget of india for the year 201220 was presented by the finance minister pranab mukherjee on march 16, 2012. Exemption limit for the general category of individual other than point b, huf, aop, boi taxpayers enhanced from. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following.
Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. There is no restriction on clearance of goods from the factory on budget day. Mar 20, 2012 liability to pay advance tax in case of nondeduction of tax w. Union budget 2012 20 highlights friday, 16 march 2012 17. Union finance minister pranab mukherjee arrives at parliament to present the budget 2012 in new delhi on friday. Mar 21, 2012 the honble finance minister pranab mukherjee presented the union budget for the financial year 2012 20 in parliament on 16th march 2012. Relative to high growth in the period 200304 to 201011 with the exception of 200809, growth in 201112 is on the lower side. Union budget 2012 16 march 2012 finance minister pranab mukherjee friday began presenting his budget for 2012 amid noisy protests from opposition benches in the lok sabha. Macroeconomic framework for the relevant financial year. In this report, we look at the key highlights of the union budget mainly from fixed income market perspective. Mar 16, 2012 for 2012 , 25,555 crore provided for rtessa representing an increase of 21. Union budget of india 201819 highlights pdf cracku. The gross domestic product gdp of india is estimated to have grown at 8. Union budget 201516 nonplan expenditure estimates for the financial year are estimated at rs.
Union budget 2012 get expectations, reality checks, expert opinion on the indian finance budget. Opening remarks govt has continued with steady path of fiscal consolidation. Union budget 2012 highlights india indoasian news service updated. Mar 16, 2012 union budget 2012 highlights india indoasian news service updated. Since then i have received a large number of suggestions both from within the house and outside. We will update the pdf file of 2018 budget when the budget sessions are completed. Here are the highlights of the budget presented by finance minister arun jaitley. The main highlights of union budget with respect to corporate are summarized as follows. Finance minister mr arun jaitley in the budget 201415 salaried class tax breaks and increased the range of savings. 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. Some of the highlights the indian union budget 2012. For 2012, 25,555 crore provided for rtessa representing an increase of 21. Stay with us as we bring you the latest updates, analyses from market experts and politicians, reactions from indias top business leaders and live analysis throughout the day.
Union budget 201415 india, indian union budget 201415. Finance minister pranab mukherjee presented the union budget for the year 2012, his. In the union budget 2012 presentation, the finance minister stated that the indian economy is estimated to grow by 6. What were the main highlights of the indian budget 2012.
They include growth recovery driven by domestic demand, focus on growth in private investment. Download pdf file for highlights of union budget 2012 1 five objectives of budget for fiscal year 2012. Mar 16, 2012 union budget 2012 highlights budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters gdp growth to be 7. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. The union budget of india for 201220 was presented by pranab mukherjee, on 16. Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on friday. 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. Union 1 budget highlights fiscal deficit projected at 5. Highlights on union budget 2012 20 a corporate glance.
These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20. Mar 16, 2012 mukherjee said that indias gdp growth in 2012 is expected to be 7. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. 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. Create conditions for rapid revival of high growth in private investment. Union budget highlights 20172018 2nd february 17 2. The union budget of india, also referred to as the annual financial statement in the article 112. It identified five key objectives to be addressed effectively. Highlights of the union budget 201112 as presented in the parliament. Rs 193,407 crore provision made for defence services in 2012 mar 16, 2012 12.
Budget 2018 has given more importance to railways and agriculture. Crux of union budget with respect to direct and indirect taxation no change in corporate taxes. The main highlights of union budget 2012 20 are presented on this page. May 08, 2012 by accommodation times bureau presenting amendments to finance bill, pranab mukharjee said i presented the budget for the year 2012 on 16th of march, 2012. Union budget 201819 live updates highlights pdf download. The budget is being seen as an opportunity to push for big reforms to jumpstart indias creaking infrastructure and slowing economy. Budget 2012 highlights business news times of india. Union budget 201415 india, indian union budget 201415, pdf. Memorandum explaining the provisions in the finance bill, 2011. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Moodys investors service has said that the budget highlights the challenges to fiscal consolidation. Mar 16, 2012 following are some of the key highlights of the union budget 2012 , presented by finance minister pranab mukherjee in the parliament on friday. Review the finance minister presented the union budget for 2012 on 16mar12 amidst much expectations and hope. Budget highlights 201718 elcina electronic industries.
News and highlights for india union budget and railway budget for the year 2011 2012. Analysis of union budget 2012 government budget balance. The union budget of india for 20202021 was presented by the finance minister, nirmala. Comparison of union budget 201415, 1516, 1617, 1718. Highlights of the union budget 2012 growth prospects 1 gdp growth is expected to be 7. Union budget 201516 india, indian union budget 201516. The main highlights of union budget 201220 are presented on this page. Most of these pertain to tax proposals and range from seeking modification of.
Highlights of the interim union budget 201415 the state of world economy has been the most decisive factor affecting the fortunes of every developing country. Now new lax exemption limit for individual is 2 lac. Reactions to the union budget 2012 01 highlights lfiscal deficit projected at 5. 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. Govt took two tectonic policy initiatives passage of gst bill and demonetization which have will have a positive impact in the year 201718. Highlights of union budget 2012 union budget 2012 at a glance 1 five objectives of budget for fiscal year 2012. Budget highlights key features union budget of india. Union budget 201112 highlights budget highlights 201112. Union budget 2012 highlights budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters gdp growth to be 7.