Section 66d of finance act, 1994 provides the negative list of services. List of allocations to various sectors union finance minister arun jaitley, on february 28, 2015 presented the union budget for the financial year 20152016. Union budget 202021 is being presented by fm nirmala sitharaman. Of bold strokes and fine prints centre for budget and. Maharashtra state budget 201617 pdf for mpsc, other exams. 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. The state has been divided into seven agro climatic zones. Nabard projects 26% growth in karnatakas credit plan for fy16. Certain amendments have been made in negative list of services in union budget 201516.
Latest budget highlights 2015 16, indian new budget 2015 2016 from indian government highlights update, new union budget 2015 2016, new notifications of customs and central excise tariffs, finance ministers budget speeches, finance bill 2015. Union budget niti aayog and finance commission recommendations. It also states that the total expenditure on social services including education, health, social security, nutrition, welfare of scstobc etc. The declining expendituregdp ratio has had its consequences on overall social sector allocations which were reflected in the budgets placed in the previous two years. The finance minister announced the creation of a separate ministry for skill development of rural youth and allocated rs 1,543 crore for the year 201516. 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. Gross domestic product gdp growth of india for 2015 16 projected between 88. The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the. Budget 2020 important questions union budget 100 important mcq part 2 current. Korea budget education matter paul germany huge rest newspaper calls met. Legislative assembly national capital territory of delhi bulletin parti brief summary of proceedings wednesday, 30 march, 2016 10 chaitra, 1938 saka no. Policyeconomy union budget 2017 consolidate all information and discussion here submitted. Beating the blues of demonetization and gst pangs the urban cooperative banking sector has done well by netting in an increased profit of rs 2000 crore in the financial year 201617, according to the apex regulator reserve bank of india.
The union budget for 2017 18 opted for a gradual fiscal. Therefore in response we have closed just under one third of our estate. Union finance minister nirmala sitharaman is presenting the union budget 2020 for the 2nd time in a row. Indian government union budget 20182019 highlights. Transparent coal block auctions to augment resources of the states.
With regard to expenditure, the total expenditure is estimated to rise by 5. Latest budget highlights 201516, indian new budget 2015 2016 from indian government highlights update, new union budget 2015 2016, new notifications of customs and central excise tariffs, finance ministers budget speeches, finance bill 2015. The btisnet centres have organized more than 100 shortterm training during the year 2015. Bankers adda provide you the best study materials like free mock test pdf, live classes etc. This follows the economic survey presented on 31st january in the budget session of the parliament.
Frey pdf rwe rachael thais whittaker amidst dispensed dropoff medicinal. Dual control over ghansoli node ends, cidco to hand it over. Gross domestic product gdp growth of india for 201516 projected between 88. Dear readers, as you all are awared, recently finance minister arun jaitely presented the first fullfledged union budget 2015 of the nda government in the parliament on 28th february 2015. Pbni business plan 201617 in addition the income for pbni services in the prisons was also reduced by. The dual control over ghansoli will end with cidco officially handing over the fastest growing node in terms of population and infra projects to nmmc. Finance minister arun jaitley presented the union budget 201516 in the lok sabha on saturday. Compiled by cbga from budget at a glance, union budget documents, various years. Amendments in negative list in union budget 201516 all. The completion of houses has come down from 314 days per house in 201516 to 114 days now, she says. The analysis which has been done by our team looks at both the macro implications of the proposals as well as the impact on various sectors. Expected questions based on the union budget 2015 16.
Fiscal policy mtfp statement presented with the budget 201920. The number of centrally sponsored schemes css may be pruned to 30 from the current 72 after a panel of chief ministers which is part of the niti aayogs sub group on the issue. The state finance minister sudhir mungantiwar presented the budget with an estimated revenue deficit of rs 3,644 crore. We hope the government will be able to meet the set target in the fiscal year 201516. The union budget for 2015 16 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise. Union budget 201516 has moved towards even greater dependence on indirect taxes and softening of the regime of direct taxes. In the case of central civil and railway pensioners, the pension paying banks should endorse the names of nominees as per nomination forms a and b on the.
The national bank for agriculture and rural development nabard has projected a 26 per cent growth in the potential linked credit plan plp for karnataka at rs 1,08,373 crore during the year 2015 16 compared to the ongoing fiscal. Beating demonetization, ucbs have done well in 201617. Nabard projects 26% growth in karnatakas credit plan for. The economic times is liveblogging the union budget 2012. Dual control over ghansoli node ends, cidco to hand it. Feb 28, 2015 arun jaitley starts the budget speech i rise to present the union budget for the year 2015. Union budget 201516 india, indian union budget 201516, pdf. Union budget analysis 7 it may be noted that the government was able to meet just 50% of the budgeted amount for disinvestment in the year 201415. Dharna notice for 19th september, 2017 and 17th october.
Executive summary a introduction tamil nadu with a geographical area of 1,30,331 sq km is the eleventh largest state in the country and occupies 4 per cent of the total area. Union budget 2017 key points from indias budget in pdf. An analysis of union budget 201718 centre for budget and governance accountability. We do hope to hence provide a comprehensive view of the budget which the reader should find useful. The highlight in union budget 201516 is also not in how much money jaitley has allocated, but really in how the system will work to deliver. Union budget 201516 is special as this is the first budget after the creation of national institution of transforming india niti and acceptance of 14th finance commissions ffc recommendation of substantially higher devolution of union taxes to states. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 2015 16, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime and announcing some relief to common man. Since fy 201516, the share of central taxes to be shared with states was increased from 32 percent. Indian union budget 201516, presented by mr arun jaitley. Union budget 201516 india, indian union budget 201516. Union budget is defined under article 112 of the indian. The state finance minister sudhir mungantiwar presented the budget with an estimated revenue deficit of rs 3,644 crore key highlights. Centrally sponsored schemes list to be cut to 30 from 72.
Here are the highlights of arun jaitleys speech budget 20182019 union budget 2018 highlights pdf. Union budget of india 201516 highlights and analysis clear ias. Mar 02, 2015 negative list of services in union budget 2015 16. This years budget will particularly focus on strengthening agriculture, rural development, health, senior citizens, education, employment, msme and infrastructure sectors. 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. On 1st february 2017, shri arun jaitley, the honble finance minister of india presented union budget 2017, to set out the governments policies for the next year. List of allocations to various sectors union finance minister arun jaitley, on february 28, 2015 presented the union budget for the financial year 2015 2016. Bihar has demanded that sufficient funds should be provided in the union budget as per the special package of rs 1,65,000 for the state, declared by prime minister. Section 66da provides for services provided by government or a local authority to be exempt from service tax except certain services. According to the potential linked credit plan announced. Arun jaitley starts the budget speech i rise to present the union budget for the year 2015. Dharna notice for 19th september, 2017 and 17th october, 2017 instructions under ccs most immediate out today no.
Budget 2020 important 100 questions budget 2020 mcq current affairs. It needs to be recognised that while the share of states in central taxes would go up from rs 3. The 2018 budget is considered to be a crucial one as it the first since the rollout of goods and service tax gst regime in india. Current account deficit declined from about 1% of gdp last year to 0. Thali have decreased significantly since 201516 across india, though the. Tamil nadu consists of 32 districts, 385 blocks and 16,671 revenue villages. Annual accounts and audit report of dtc employees provident fund trust for 201415. Mar 02, 2015 finance minister arun jaitley presented the union budget 2015 16 in the lok sabha on saturday. Indian union budget 201516, presented by mr arun jaitley on. Foreign exchange reserves touched highest ever level of about 350 billion us dollars. Arun jaitley presents governments first fullyear budget. Finance minister promised to meet the challenging fiscal target of 4. It is my belief that every rupee of state expenditure will help in the betterment of the people.
The national bank for agriculture and rural development has projected a 16per cent growth in priority sector lending in tamil nadu for 201516. Gross domestic product gdp growth of india for 201516 projected between 8. Jan 24, 2018 the national bank for agriculture and rural development has projected a 16 per cent growth in priority sector lending in tamil nadu for 2015 16. The national bank for agriculture and rural development nabard has projected a 26 per cent growth in the potential linked credit plan plp for karnataka at rs 1,08,373 crore during the year 201516 compared to the ongoing fiscal. Page 1 summary for demandwise expenditure details of second supplementary budget for the year 20152016 okz 20152016 vk. These amendments will be effective from date of notification in the official gazette. We are giving the gist of budget proposals from the union budget of india, 201718 presented by finance minister, mr arun jaitley in parliament. Designed, developed and hosted by national informatics centre, information is provided by ministry of finance. Budget highlights key features union budget of india. This effort of care has been part of our tradition to provide this analysis as soon as possible after. Maharashtra state budget 201617 pdf for mpsc, other exams the devendra fadnavis government presented its state budget for the year 201617. Page 1 summary for demandwise expenditure details of second supplementary budget for the year 2015 2016 okz 2015 2016 vk.
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 of india 201516 highlights and analysis. Highlights union budget 2018 2019 with pdf download. We hope the government will be able to meet the set target in the fiscal year 2015 16. Highlights of the economic survey 201617 volume2 translation. Cbdt instruction on revised and updated guidance for. April 14, 2015 dear all welcome to the refurbished site of the reserve bank of india. Nabard credit flow estimated to grow 16% in 201516 the. If you are looking for online bank job preparation website in india. Executive summary goa is one of the progressive states of the country with a predominantly serviceoriented economy that contributes about 63% of the total gsdp of the state. Indian union budget 201516, presented by mr arun jaitley on 28th feb 2015 no change in the rate of personal incometax and the rate of tax for companies, however some benefits to middle class tax payers the union finance minister shri arun jaitley in his budget speech in lok sabha today proposed no change in the rate of personal incometax. Not only the above, there are many other important announcements made as part of the budget 2016. Of bold strokes and fine prints analysis of union budget 201516 centre for budget and governance accountability.