Jaitley fixed the target for agricultural credit in budget 2017 at a record level of rs 10. For the first time, the date of presentation of budget has been advanced by nearly a month. If the first budget by jaitley was about rebooting india, the second budget, in my opinion, is an attempt at remaking india to match the aspirational streak to the countrys overwhelmingly young demography that is stifled by the burden of their pa. In 201516 budget speech, arun jaitley had to admit that the target of 3 percent would be achieved in 3 years instead of 2, as targeted by the frbm act. Arun jaitley focuses on agriculture and health in a bid to improve rural incomes ahead of general elections next year. The budget is presented by honourable finance minister mr. Arun jaitley will present budget 201718 at 11 am today on business standard. Budget highlights 201415 presented by arun jaitley. This is the last full budget of narendra modi government. Annual financial statement afs mandated by article 112. Budget 20162017 speech of arun jaitley, minister of finance. Finance minister arun jaitley presented the union budget 20172018. Finance minister arun jaitley will present the fourth budget of the.
Nov 05, 2016 finance minister arun jaitley will present the budget for 201617 on february 29. Madam speaker, on this auspicious day of vasant panchami, i rise to present the budget for 201718. Finance minister arun jaitley will present the fourth budget of the bjpled national democratic alliance nda government. What finance minister arun jaitley said versus what the numbers show. Union finance minister shri arun jaitley presented his fourth union budget 20172018 in lok sabha on february 1, 2017.
In the last one year, our country has witnessed historic and impactful economic reforms and policy making. The union budget of india, also referred to as the annual financial statement in the article 112. Full budget speech by finance minister arun jaitley dd news live 24x7 dd news is the news channel of indias public service broadcaster prasar bharati. How arun jaitley has punished taxpayers through his five budgets. In his speech the finance minister of india, arun jaitley has quoted that the agenda for 201718 is. I am presenting this budget when the global economy is in serious crisis. Arun jaitley presents his fourth union budget today on business standard. The government has not subscribed to vote bank politics and hence, it can be said that the budget is reasonably good.
Jaitley began his speech with the assertion that the modi government successfully implemented a series of structural reforms that made india the fastest growing economy. Full budget speech by finance minister arun jaitley. Indian finance minister arun jaitley arrives to present the 2014 15 union budget at the indian parliament in new delhi. Finance minister arun jaitley presented the union budget. Indian finance minister arun jaitley arrives to present the 201415 union budget at the indian parliament in new delhi. Measures to revive the economy, promote investment in manufacturing, rationalize tax provisions to reduce litigation, address the problem of inverted duty structure in certain areas. Finance minister arun jaitley presented union budget 2017 in. This was by far the longest budget speech ever as it went on for twoandahalf hours and he. What do you think of the budget presented by the finance. Proposed tax changes factored in the budget estimates 201415. Hello and welcome to bloombergquints coverage of the union budget 2017. Shah associates foreword the first budget of modi sarkar managed to partially meet the expectations of progrowth reforms and clarity in policies. The government has the drafted this budget which is more public and growth oriented.
Increase in the personal income tax exemption limit and a higher deduction limit on home loan interest are among the common ones, say analysts. First, the presentation of the budget has been advanced to 1st february to enable the parliament to avoid a vote on account and. In the budget 201718, jaitley had reduced the income tax rate to 5 percent from 10 percent under the income slab from rs 2. Union budget 201415 india, indian union budget 201415. Union finance minister shri arun jaitley presented his fourth union budget 2017 2018 in lok sabha on february 1, 2017. The budgets of fy 2014 15 and fy 2017 18 were soft on taxpayers while the other three budgets took recourse to heavy taxation. In the last budget, finance minister arun jaitley made withdrawals from nps on maturity tax free up to 40% of. Madam speaker, on this auspicious day of vasant panchami, i rise to present the budget for 2017 18. Finance minister arun jaitley today said the govt will retain the fiscal deficit target for 2014 15 at 4.
The union minister for finance and corporate affairs shri arun. Arun jaitleys union budget 2018 speech in parliament. Please note that the current years fees and charges are correct at the time of going to press and may be subject to change during the financial year. One page income tax return to be filed for persons having. Click here to read the full speech you have reached your limit for free articles this month. Madam speaker, the budget for 201718 contains three major reforms. The knives are out to dissect finance minister arun jaitley s last full union budget before the general elections next year. Being termed as make or break, this is arun jaitley and the gove. Budget 20182019 speech of arun jaitley minister of finance february 1, 2018 section i governance, economy and development madam speaker, 1. Earlier on monday, the government tabled the economic survey 201718 in parliament, in which it pegged indias growth at 7 and 7.
The union budget of india for 2014 2015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. Finance minister arun jaitley announced ten distinct themes in his budget speech on wednesday, thereby setting the agenda for the financial year 20172018. Finance minister arun jaitley gives a boost to affordable housing 10. Feb 01, 2017 click here to download union budget 201718 pdf file. While the opposition and the government are locked in a heated debate over how good or bad the budget 2018 is, we take a look at how finance minister arun jaitley has changed your income tax burden in the last five years. Here are the key highlights of the union budget 2018. Get all about arun jaitleys budget highlights, speech, announcements and more on. Finance minister arun jaitley starts presenting the union budget 2015 in the parliament. Finance minister arun jaitley will present the budget for 201617 on february 29. Here is the full text of arun jaitleys budget speech in the parliament. There were many announcements that will benefits senior citizens in budget 2018.
How arun jaitley has punished taxpayers through his five. The salaried class has a lot of expectations from the budget. Budget 2014 2015 speech of arun jaitley minister of finance july 10, 2014. Finance minister arun jaitley today said the govt will retain the fiscal deficit target for 201415 at 4. How arun jaitleys budget can help ordinary indian taxpayers save more. The budgets of fy 201415 and fy 201718 were soft on taxpayers while the other three budgets took recourse to heavy taxation. Union finance minister arun jaitley on monday presented his third budget which took on both the fiscal and physical health of the nation by setting the fiscal deficit target for next year at 3.
Feb 01, 2017 check full text of arun jaitley s budget 2017 speech union finance minister arun jaitley on monday presented his third budget which took on both the fiscal and physical health of the nation by. Budget 20142015 speech of arun jaitley minister of finance. Budget 20142015 speech of arun jaitley minister of. Union finance minister arun jaitley, on wednesday, presented the union budget 2017 18 in the lok sabha. Check full text of arun jaitleys budget 2017 speech union finance minister arun jaitley on monday presented his third budget which took on both. Budget 2018 how sensex nifty reacted to arun jaitleys budget speech last year 2017. Ambitious revenue collection targets in interim budget. As of september 2017, morarji desai has presented 10 budgets which is the. I extend my warm greetings to everyone on this occasion. Scrapping the colonialera tradition of presenting the budget at the end of february, finance minister arun jaitley had for the first time presented the annual accounts on 1 february in 2017.
Presenting his maiden budget, jaitley said the prevailing economic situation presents a great challenge and there. How arun jaitleys budgets have changed your income tax burden from 2014 to 2018. Here is your free pdf copy of budget 2018 with arun jaitley speech. Ap photo finance minister arun jaitley presented the narendra modi governments first budget. This was the first budget of narendra modi led nda government. Jaitley presents economic survey ahead of union budget. Arun jaitley presents governments first fullyear budget. Jan 24, 2018 budget 2018 how sensex nifty reacted to arun jaitleys budget speech last year 2017. This is the fourth budget by the narendra modi government. Union budget 2017 arun jaitley reduced the tax rate from 10 per cent to 5 per cent in the rs 2.
New long term capital gains tax means you have to save more to meet financial goals given that ltcg on equities is taxfree only up to rs 1 lakh per financial year, investors need to pare down their return expectations. Budget 20172018 speech of arun jaitley minister of finance february 1, 2017 here is the full text. The economic survey 201617 presented in the parliament today by the union finance minister arun jaitley states that such a sustenance is despite continuing global sluggishness. Union finance minister arun jaitley, on wednesday, presented the union budget 201718 in the lok sabha. Budget 2017 2018 speech of arun jaitley minister of finance february 1, 2017 here is the full text. Union budget 201415 india, indian union budget 201415, pdf. The union budget of india for 20142015 was presented by arun jaitley on 10 july 2014.
Feb 28, 2015 finance minister arun jaitley starts presenting the union budget 2015 in the parliament. Jul 10, 2014 indian finance minister arun jaitley arrives to present the 201415 union budget at the indian parliament in new delhi. Read full text here referring to the governments commitment to the welfare of farmers and doubling farmers income by 2022, the finance minister announced a slew of new schemes and measures. The government had made many positive changes in the personal incometax rate applicable to individuals in the last three years, jaitley said in his budget speech. The union budget for 2014 15 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Finance minister arun jaitley gives a boost to affordable housing. Arun jaitley likely to make national pension system totally taxfree. Arun jaitley presented a longish budget and played it safe by balancing it with sprinklings of populist and reformist measures. He also said that as per the new roadmap, fiscal deficit would be 3. Jan 31, 2017 hello and welcome to bloombergquints coverage of the union budget 2017. Aiming at 78 per cent gross domestic product gdp growth in 34 years.
Speech of union budget 20182019 by arun jaitley gdp growth at 6. Arun jaitley on farmers february 1, 2018 watch s video to find out finance minister arun jaitley announcing measures for farmers in the country. Arun jaitleys 10 themes which held the budget together. The railway budget will be included in the general budget.
Budget 2018 highlights arun jaitley budget speech, budget. Finance minister arun jaitley on thursday did not provide any relief in the income tax rates for 201819. Full defence budget analysis pdf you may also check what impact this budget will have in coming years. In fact, india was one of the very few economies undertaking transformational reforms.
The revised fiscal deficit estimate for fy 201718 is 3. Plan allocation of 5,75,000 crore in the main budget 201415 mark an increase of 26. Madam speaker, i rise to present the budget for the year 201617. 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. Finance minister arun jaitley presented the union budget 2017. Two years of subfive per cent growth has led to challenges to the economy.
1535 1091 575 1291 978 920 654 346 308 167 979 219 500 1678 245 1186 1416 137 700 224 488 388 1454 181 1450 430 1489 590 562 1514 271 480 341 1609 1676 393 627 1619 1093 650 819 284 216 432 203 360 1457 268 13 1402