You may compare indian budget 2016 with indian budget 2015 to understand the change in the values of crucial parameters. For instance, the defense sector received an additional rs. Finance minister arun jaitley on monday presented the union budget 201617 in the lok sabha. The course talks about the roadmap and priorities coming ahead and briefly explains the nine pillars of modijaitley reform agenda. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Right click on the image and save as download the magazine click on. In the previous budget, total expenditure through budget stood at rs. So you can expect gk questions from budget 2016 in the upcoming lic aao, railway, ssc cgl exams. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do.
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. Mar 06, 2016 we all welcome the union budget 2016 17 and consider it reformist budget aimed at creating strong base for economic growth. Budgeting is the process of creating a plan to spend your money. Live budget news et brings you 360 degree coverage of the budget 201617. The live streaming of the union budget 2016 can be. Budget 2016 this is in spite of the 25 years of economic liberalisation, covering trade, expenditure, tax policies, infrastructure to mention a few. This was superseded by the cenvat credit rules, 2004 to provide cross sectional availment and utilisation of credit under excise and service tax. The budgetary proposals are built on transformative agenda standing on nine 9 pillars, which could be regarded as facilitators to the various programs of national importance 7 programs like startup india, digital india, make in india, smart india, standup india. Another course on enhancing your economics knowledge and it is all about the union budget 2016 2017, its complete and exhaustive coverage. Dec 28, 2018 fiscal deficit for fy 2016 17 targeted at 3. A to z of arun jaitleys 2016 budget union budget top. Finance minister arun jaitley has presented union finance budget 201617 today.
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 news, india union budget 2016 2017, budget. 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 2016 impact on car buyers and owners impact of budget 2016 is it better to buy used car in this year. According to constitution of india, there is threetier system of government, namely. Join our telegram channel if you are new to upsc field, we recommend you to know. Union budget 201617 free current affairs pdf download, free. Vision ias summary of union budget 202021 pdf all pdf which are provided here are for education purposes only. Live budget news et brings you 360 degree coverage of the budget 2016 17. Latest union budget highlights for expenditure budget. Feb 01, 2017 click here to download latest union budget 201819 the union budget is the annual report of india. Budget 2016 contents page summary of 2016 budget measures policy changes a1.
Further in the course you will gain a complete understanding about each pillar of modijaitley reform agenda. Here are highlights finance minister arun jaitley announced in his. The emcdda receives stable funding under commission budget line b3441 of the general budget of the european union. Each year, a preliminary draft budget is presented by the centres director to the management board, which may modify the draft before adopting it and submitting it to the european commission. We have uploaded below the text of finance bill 201617 for ready reference of our readers. The printing of the budget documents began with a traditional halwa ceremony on 19 february 2016.
Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. State government and local government like municipal corporation, municipal committee, zila parishad, etc. Everything about union budget 2017 download pdf day today gk. Ensuring that the budget is properly spent is primarily the responsibility of the. Vision ias summary of union budget 202021 pdf free upsc. The union budget for 201617 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 29, 2016. F inance minister arun jaitley today 29th february 2016 presented the union budget for the year 201617. The finance minister today presented his third union budget, and continuing from where he left off in february 2015, the proposals are clearly oriented to support the make in india initiative and foster. Narendramodis government on february 29, 2016, monday. The finance minister today presented his third union budget, and continuing from where he left off in february 2015, the proposals are clearly oriented to support the make in india initiative an d foster. View this section for official copy of union budget 2016 highlights, speech, finance bill, tax provision memorandum, budget at a glance on or after 29. The union budget 2020 was presented on 1 feb 2020 by the modi government with the purpose of boosting investments. Full text of the speech by fm arun jaitley take a look at things that became expensive and cheaper postbudget announcements. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016.
Economic survey 201718, india budget, 29 january 2018 2. It was presented before the parliament on 29 february 2016 by the finance minister of india, arun jaitley. Highlights of budget, union budget 2016 17, railway budget 2016, economic survey 2016. 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. Reuters highlights of union budget 201617 8 min read. Consider the following statements about union budget 201617 presented on 29 february 2016 i. Every budget has two sides receipts and expenditure. Amendments to cenvat credit rules union budget 2016 17. Key takeaways e excise on readymade garments with retail price of rs or more raised to 2% without input tax credit or 12. Union budget 2016 17 the set off journey started with proforma credit in 1986 then modvat in 1987 and cenvat credit rules, 2001. Union budget 2016 impact on car buyers and owners cardekho. Meeting fiscal deficit target for fy17 a challenge, says government, the business standard, august 2016 3. European court of auditors annual report on the implementation of. Feb 29, 2016 the defence budget accounts for nearly 17.
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. Roadmap to achieve fiscal deficit of 3% of gdp in three years. Union finance minister arun jaitley is set to present indias union budget 2016 for the next fiscal in parliament today. This is clearly an indication of the governments effort on levying more tax on the superrich.
Union budget 2017 download pdf link available at the bottom of the page. If you do not already have such a reader, there are numerous pdf readers available for free download or for purchase on the internet. We all welcome the union budget 201617 and consider it reformist budget aimed at creating strong base for economic growth. Highlights of the 201617 budget as presented by fm arun jaitely in the lok sabha, on 29th february 2016. Ppt presentation on union budget 201718 presentation on amendments in cenvat credit rules by budget 2016 download changes proposed in service tax by union budget 2016 17 download other post related to union budget 201617 equalisation levy the income declaration scheme 2016 the direct tax dispute resolution scheme, 2016 the indirect tax dispute resolution. Here are the key highlights of finance minister arun jaitleys union budget 201617 speech.
Union budget 2016 the medium term fiscal policy statement. Union budget 201617 has removed few restrictions and extended the scope of credit by allowing credit on equipment and appliances used in office, wagons in case of railway and capital goods up to 10, 000 will now be considered as r input to provide 100% credit in the same year. 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. Medium term fiscal policy cum fiscal policy strategy statement. F o r e w o r d union budget 2016 presented by finance minister mr. For budget 201617, the government invited suggestions from citizens through twitter for. Download union finance budget 2018 as presented by finance minister arun jaitley today in lok sabha. Union budget 2020 summary get the highlights of the. Feb 29, 2016 finance minister arun jaitley has presented union finance budget 201617 today. Get latest updates on budget highlights, railway budget, expert views and opinion. 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. The finance minister arun jaitley presented the union budget 201617 on monday. 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. What is the procedure for approval of union budget by the parliament.
Here we are creating quiz covering important news in union budget 2016, which is common for all the ibps exams and other competitive exams. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget 201516, with a focus on growth. Mar 17, 2016 ppt presentation on union budget 201718 presentation on amendments in cenvat credit rules by budget 2016 download changes proposed in service tax by union budget 2016 17 download other post related to union budget 2016 17 equalisation levy the income declaration scheme 2016 the direct tax dispute resolution scheme, 2016 the indirect tax dispute resolution scheme 2016 changes proposed. Total outlay for infrastructure rs 2,21,246 crores in 201617 target of 10,000km of national highway and upgradation of 50,000km of state highways in 201617 rs 1,000 crore for higher education financing govt drawing a comprehensive plan to exploit nuclear energy to be implemented in the next 1520 years. Further, to facilitate ease of doing business, clarity. Union budget 201516 india, indian union budget 201516. Identify the correct statement from the statements given below. Highlights of union budget 2016 pdf download gr8ambitionz. Finance minister arun jaitley on monday presented the union budget 2016 17 in the lok sabha. Pm shri narendra modis remarks on the 201617 union budget. Presidents recommendation is obtained under article 1171 and. Here are the key highlights of finance minister arun jaitleys union budget 2016 17 speech. Be it enacted by parliament in the sixtyseventh year of the republic of india as follows. So you can expect gk questions from budget 2016 in the upcoming lic aao, railway, ssc.
Article 112 of the constitution of india lays down that it is a statement of the estimated expenditure and receipts of the government for a particular year the budget keeps the account of the finances of the government for the fiscal year from 1st april to 31st march. 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 201819 live updates highlights pdf download. Download yojana magazines 2016 and 2015 click here friends, here we are with the march 2016 edition of yojana and kurukshetra. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley.
The union budget is also known as the annual financial statement. Please utilize them for building your knowledge and dont make them commercial. Another course on enhancing your economics knowledge and it is all about the union budget 20162017, its complete and exhaustive coverage. Arun jaitley presented a resilient india budget 2016 which spells the transformative agenda for the india economy identifying nine key pillars for the gdp growth. The below given figure table shows clearly shows the receipt and expenditure components of union budget 2016 17. In india there are two types of monsoons the southeast monsoon and the northwest monsoon. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. Links to pdf versions of the 2016 budget and related information, including several fact sheets. Reuters highlights of union budget 2016 17 8 min read. We will update the pdf file of 2018 budget when the budget sessions are completed.