More decentralized budget processes may have the potential to. Earlier it was considered that a briefcase was sufficient enough to hold ones wealth. Download union budget 201718 booklet file in pdf format. Budget has provided an allocation of rs 2,41, 387 crore in 201718. It includes budget allocations for minor, medium pradhan mantri krishi sinchai yojana and major irrigation programmes of the government of india. Union budget 201718 direct tax proposals business taxation the threshold limit for audit of business entities who opt for presumptive income scheme proposed to be increased from rs. Union budget 2017 highlights pdf download gr8ambitionz. First, presentation of budget advanced to 1st february to. Railway budget 2017 highlights, union budget 2017, railway. The budget carries forward the vision of the government to assure that the fruits of development reach all segments of the society. Medium term fiscal policy cum fiscal policy strategy statement. In fact, for transportation sector as a whole rail, roads, shipping the. Railways is the principal departmentallyrun commercial undertaking of government.
Union budget 2017 key points from indias budget in pdf. Download union budget 201718 highlights pdf file from here highlights of union budget 2017 govt doubles distribution target under mudra yojana to rs 2. Budgeting is the process of creating a plan to spend your money. Union budget 201718 questions and answers are very useful for the competitive exams like bank exams, civil, any other government exams. The union minister for finance and corporate affairs shri arun jaitley while presenting the general budget 201819 in parliament today said. The union budget 201718 has been announced amidst a lot of expectations especially in wake of the uncertainty created by demonetization move of the government. Compiled by cbga from budget at a glance, union budget documents, various years. The budget of the ministry of railways and the demands for grants relating to railway expenditure are presented to the parliament together with the union budget from the financial year 201718 onwards. The indian union budget for tax year 201718 the budget 2017 was presented on 1 february 2017. Major highlights of proposed tax slab for ay 201819. The government will present the union budget 2019 on february 1, a day after the budget session of parliament commences on january 31.
Budget 20182019 speech of arun jaitley minister of finance february 1, 2018 section i governance, economy and development madam speaker, 1. Tabled in the house of commons march 22, 2017 budget. Union budget 202021 india date and time, timings, income tax slab rate expectations. The word budget is derived from the middle english word bowgette, which came from bougette which means a lether bag in french. Union budget of india 201819 highlights pdf cracku. Union finance minister arun jaitley announced the following highlights in the rail budget. Social sector priorities the question whether budget 201718 addressed the social sector needs adequately or not can be seen from table 1. The union budget has been not merely a financial statement required to be placed in parliament under article 112 of the constitution, but a mechanism to transmit policy directions to the economy. Pdf gender responsive budgeting grb women and girls face various forms of vulnerability throughout the life cycle. Everything about union budget 2017 download pdf day. News coverage on union budget 201718, arun jaitley budget speech, budget 201718 highlights, indian railway budget, economic survey 2017, budget expectations, income tax, fdi changes. Project report cma data excel format related to cash credit. Key to budget documents pdf file opens in a new window budget highlights key features pdf file opens in.
In the context of the union budget 201718, it needs to be noted that due to the merging of the plan and nonplan expenditures, figures for certain components of resources transferred to states are not available for the previous years. The capital expenditure announced for 201718 is also lateral at 10. Union budget india 201920 finance bill, 2019 download. We will update the pdf file of 2018 budget when the budget sessions are completed. The government presents it on the first day of february so that it could be materialised before the beginning of new financial year in april. Existing rate of taxation for individual assesses between income of 2. This publication is an outcome of such an exercise. The budget 202021 will be presented by finance minister nirmala sitaraman. We have collected the top 100 gk questions on union budget 201718. So, now you get the etymological reference of the word budget. It also records monetary provisions for flood control, enviornment and ecology and national ganga plan. Charitable institutions required to mandatorily file tax return within the due date to be eligible to claim tax exemption donations to funds and charitable institutions deduction allowable in respect of donations in cash for charitable purposes is being reduced from rs 10,000 to rs 2,000.
The union budget 201718 is mainly focussed on the 10 issues. Brief summary, financial, general, family, it latest update. The governments decision to stick to fiscal consolidation. 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. Section of act nature of payment in brief cut off amount rate %. 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.
First, the advancement of budget to 1st february to enable the parliament to avoid a vote on account and pass a single appropriation bill for 201718, before the close of the current financial year. Union budget 201819 live updates highlights pdf download. India union budget 2017 18 foreword with the excitement and buzz of the budget day fading, the focus shifts to a slower, more detailed, and decidedly less glamorous task of reading the legislative fine print and analyzing its full impact. Union budget 201718 page 1 tax deducted at source tax deductedcollected at source f. The union budget for 201718 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 1, 2017. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Download budget 201718 file in pdf format caclubindia. You can get the union budgetrelated questions and answers on our portal. Here are highlights finance minister arun jaitley announced in his. Railway budget will be merged with the union budget and classification of plan and nonplan expenditure has been done away with starting from the year 2017 by narendra modi led government of india.
Union budget 2017 download pdf link available at the bottom of the page. The budget 201718 has been marked by historic economic policy developments. Budget processes in myanmar still have limitations that act as barriers to local participation and greater government accountability. The budget 2017 includes the introduction of thin capitalization rules, further clarifications under the indian indirect transfer provisions, the reduction of tax rates, expansion of the tax base, and simplifying tax administration.
Madam, four years ago, we pledged to the people of india to give this nation an honest, clean and transparent government. Union budget for 201718 amidst significant expectation as well as anxiety. Union budget analysis 201718 the union budget for 201718 can be seen as being a pragmatic budget, having its agenda outlined towards investments, rural development, skill enhancement, welfare programs and boost to consumption by way of tax relief and social sector schemes, all the while keeping its eye on the fiscal consolidation roadmap. This is owed largely to the turbulence in the world financial market in the first half of 2016 due to major setbacks such as brexit, chinas slowdown, low oil prices and.
Second, the merger of the railways budget with the general budget. As mentioned, the two previous union budgets made substantial reductions in the. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Key budget proposals government to launch two new schemes to promote the usage of bharat interface for money bhim.
Estimates for 201718 161 176 medium range forecast 177 182 concluding remarks 183 190 this speech, together with the supplement and appendices relating to the 201718 budget, is available at. Arun jaitley in his union budget speech underlined that one of the main priorities of the government is to eliminate black money component from. Budget 201718 capital expenditure growth increase in capital expenditure the government increased capital expenditure in fy17 from budgeted 3. 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. The 2017 union budget, presented by finance minister arun jaitley on wednesday, was broadly focused on 10 themes the farming sector. Gk question on union budget 2017 pdf, union budget 2017. Presentation of the union budget 201718 budget 201718 not only subsumed the railway budget but was also advanced to 1 february to enable ministries to operationalise all activities from commencement of the fy on 1 april. The government has allocated a massive rs 10,000 crore towards the bharat net project for 201718. It contains the government of indias revenue and expenditure for the end of a. So, stay tuned to this page for pdf file of union budget 201819.
Railway lines of 3,500 kms will be commissioned in 201718. Budget documents union budget 2017 documents presented to the parliament by finance minister, arun jaitley on february 1, 2017. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Total union budget allocation for ministry of water resources, river development and ganga rejuvenation.
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