Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Christmas can be a time of greater financial strain for families. Budget 2015 introduction and highlights pkf littlejohn. Major highlights of proposed tax slab for ay 201819. Union budget 201819 live updates highlights pdf download. Mar 02, 2015 additional surcharge of 2% of the income tax on super rich, where the net income exceeds 1 crore. Transformative technology development and flagship technology demonstrations to pursue new. Indeed, a very basic question is whether fiscal rules can have any effect at all, good or bad, given these experiences. Income tax calculator new scheme vs old scheme and consent letter for fy 202021. The office for budget responsibility has revised economic growth slightly upwards from 2.
The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the. Additional fiscal space will go to funding infrastructure investment. From 6th april 2015, liability to pay class 2 ni will arise at the end of each year rather than weekly as now and be paid alongside income tax and class 4 ni. The 2015 budget proposals support the longterm health of the public finances with a series of revenue and expenditure measures to narrow the budget deficit and stabilise debt. Basic inflationary increases in the cost of providing existing city services are. Budget summary 2015 income tax the following are details of the budget statement of 14 october 2014, as made by the minister for finance.
Highlights of budget 201516 the hindu businessline. The 2015 budget table of contents city of niagara falls. The main budget noninterest expenditure ceiling has been reduced by r25 billion over the next two years. Since 2008, adjustments in excess of 30bn have been made through tax increases and expenditure cuts.
Union budget of india 201819 highlights pdf cracku. Highlights of governors proposed 2015 16 budget january 9, 2015 assembly budget committee 2 overview on january 9th the governor released his proposed budget for 2015 16. Fiscal year fiscal year fiscal year fiscal year audited 2012 audited 20 adopted 2014 proposed 2015 general fund. Here are the highlights of finance minister arun jaitleys budget for the fiscal year that begins on april 1. Signifi cant reduction in the budget deficit is com mensurate to significant growth and in creased revenue mobilisation. Need to view public finances from a national perspective and not just the perspective of the central government. Smoking, eating out, air travel to be costlier manufacturing sector neglected. If you do not already have such a reader, there are numerous pdf readers available for free download or for purchase on the internet. Schedule a 2015 general purposes budget expense summary.
From september 1st 2015 a new vat basket of basic food items. Union budget 201516 india, indian union budget 201516. Tabled in the house of commons march 22, 2017 budget. The ofce for budget responsibility obr has revised up its 2015 growth forecast to 2. From september 1st 2015, all betting and gaming services and supplies which are currently exempted from vat will be subject to pay vat at the standard rate of 17. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Here are the highlights of jaitleys budget for the fiscal year that begins 1 april.
In the medium term, government aims to reduce the budget deficit to 3. Legislation will be introduced in finance bill 2015 to add new sections 33c and 33d to the. Download highlights of budget 201819 file in pdf format. Budget update 2015 april 2015 3 purchase of goods and services, and the acquisition and importation of goods from outside the uk, used for their nonbusiness activities. Promised to reduce poverty, expedite infra creation. The 2017 national budget statement constitutes the fourth budget for implementing our zim asset programme. Jaitley presents general budget 201516 in ls part1. Budget 2015 contents page summary of 2015 budget measures policy changes a. Press information bureau government of india summary of budget 201819 new delhi, 01th february, 2018 12 magha, 1939 government says that it is firmly on course to achieve high growth of 8% plus as manufacturing, services and exports are back on good growth path.
Chancellor george osborne delivered his 2015 preelection budget in bullish mood. Union budget 201415 india presented by mr p chidambaram, the union finance minister, in parliament on feb 17, 2014. Additional surcharge of 2% of the income tax on super rich, where the net income exceeds 1 crore. Mr speaker sir, my budget speech to this august house is speaking to the 2017 budget statement which i am concurrently tabling, in line with a new budget format i have adopted, whose package comprises. To cope with the oil shock and to reduce their fuel subsidy, saudi arabia has also raised the price of gasoline by 80 percent in the last year. To access a portable document format pdf file you must have a pdf reader installed. We will update the pdf file of 2018 budget when the budget sessions are completed.
Here are highlights finance minister arun jaitley announced in his. The specific macroeconomic targets for 2015 are as follows. Finance minister arun jaitley unveiled his last full budget in parliament today. Etmarkets compiles the highlights that may matter to you. Increases in personal income tax rates and the general fuel levy are set to add r16. Basic inflationary increases in the cost of providing existing city services are the major driver behind the increased spending. We have set out in our newsletter a summary of the key taxation measures announced in the budget. Union budget 2015 16 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The redevelopment agency is a component unit of the city. Tax credits the only change in relation to tax credits is the introduction of the new relief for water charges. Zero emissions cars to 5 april 2015 no charge is payable in respect of cars that are not capable of. Ab 1463 increases the rmr by specifying use of 2009 survey data coupled.
Zero emissions cars to 5 april 2015 no charge is payable in respect of cars that are not capable of producing co2 emissions. Sinckler to the house of assembly monday june 15, 2015, 4 pm opening statement. The 2015 budget table of contents city of niagara falls website. Amrut mahotsav the year 2022, 75th year of independence vision for team india. Building a strong middle class 9 introduction as we mark canada 150 over the next yearwe will celebrate the courage and vision of those who came before us, and the hard work and ambition of canadianslike youwho have made canada the success story that it is today. The major surprise relating to property sales was announced earlier this week. Motor vehicle licence fees, casino taxes and hospital fees continue to be the major sources of provincial own receipts. Total revenue and grants as at september 2018 accounted for 65. Oct 06, 2014 2012 revised 20 2014 2015 budget classification budget actual budget actual budget estimated budget general control and administration 010courthouse maintenance.
Rebate under section 87a continues for a resident individual whose income does not exceed 5,00,000. Any additions to personnel headcount for 201516 and 201617 will be paid for from existing allocations. Brief summary, financial, general, family, it latest update. Budget 2015 14 october 2014 summary budget 2015 summary budget 2015 was announced by the minister for finance earlier today. Government plans to further reduce the budget deficit to 6. New goi budget 201516 agricultural highlights india. Union budget 201415 india, indian union budget 201415, pdf. Proclaiming that britain is walking tall again, the chancellor announced that the national debt target has been met and predicted the end of austerity a year early. Chancellor george osborne used his nal budget statement of this parliament to announce that britain is walking tall again. The 2015 budget maintains all current programs and services and provides.
Gross domestic product gdp growth of india for 201516 projected between. Gross domestic product gdp growth of india for 201516 projected between 88. Capital budget approved march 24, 2015 capital budget table of contents. Speaker, in my capacity as minister of finance and economic affairs, i am both privileged and honoured to stand before you, this honourable house of. Building a strong middle class 9 introduction as we mark canada 150 over the next yearwe will celebrate the courage and vision of those who came before us, and the hard work and ambition of canadianslike youwho have made canada the success story.
Microsoft word highlights of 2015 budget proposal1. Finance minister arun jaitley starts presenting the budget 201819. As shown in the consolidated financial framework presented in the table below, the budget will be balanced in 20152016 as pledged by the government. Gdp growth in 201516, projected to be between 8 to 8. Budg et o vr i w the improved growth rate in the irish economy in 2014 and a positive outlook for 2015 enabled the government to bring in a budget within the required 3% deficit ceiling without any overall reduction in public spending or any further increase in the burden of. Weve set out below what we see as the positives and negatives from the announcements. All other food items from the original vat basket subject to the standard rate of the vat of 17. All 3 enjoy a rise from their 2014 allocations as the administration focuses on rebuilding classrooms, repairing roads, and modernizing the military. Union budget 201516 india, indian union budget 201516, pdf. Following are the highlights of the union budget 201516 presented by finance minister arun jaitley in parliament today. 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. So, stay tuned to this page for pdf file of union budget 201819. Under budget 2015, we have secured a christmas bonus of 25% for all recipients of longterm social welfare payments, including pensioners, families with children and people with a disability.
871 342 933 1293 376 1021 932 706 1487 1143 145 357 1101 1180 1235 144 45 969 973 822 1528 391 761 755 1346 98 207 337 834 274 1530 546 1249 507 332 436 847 228 491 279 204 1486 282 1441 228 1318 719 1308 820