Finance minister pranab mukherjee presented the union budget for. It also contains estimates for the next fiscal year. Union budget 2012 highlights india indoasian news service updated. Complete coverage of budget 2012union budget 2012, railway budget 2012, economic survey 2012. Reactions to the union budget 2012 01 highlights lfiscal deficit projected at 5. Based on a projected buoyancy in nontax revenue and. For the indian economy, this was a year of recovery interrupted. Macroeconomic framework for the relevant financial year. Union budget 201415 backdrop 3 tall expectations from the union budget. Mar 16, 2012 mukherjee said that indias gdp growth in 2012 is expected to be 7. Click on the links given below to download the union budget 2012 documents.
Superannuation superannuation measures announced 5 april 20. Aug 28, 2016 the ppt is of the various sector and the effect on those sector of budget 201617 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. However, the union budget 201718 continues with its economic reforms agenda, traversing a fiscal contractionary path evident from the declining expendituregdp ratio figure 1. If you continue browsing the site, you agree to the use of cookies on this website. Union 1 budget highlights fiscal deficit projected at 5. Mar 16, 2012 union budget 2012 highlights india indoasian news service updated. The union budget 2012 presented by the finance minister shripranab mukherjee in loksabha today identifies five objectives to be. 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. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Ppt union budget20 powerpoint presentation free to. Income tax budget 2012 analysis by ca vidhan surana, ca omkar maloo and ca sunil maloo. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement finance bill memorandum receipt budget expenditure budget. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament the railway budget was presented every year, a few days before the union budget, till 2016. When one year ago, i rose to present the budget, the challenges were many, but there was a sense that the world economy was on the mend.
Temporary transfer or permitting the use or enjoyment of any intellectual property right 4. Union budget 201415 india, indian union budget 201415, pdf. The budget allocation for 201819 is, however, less than 4% higher than the revised budget estimate of the current year. Memorandum explaining the provisions in the finance bill, 2011. Union budget 201415 backdrop 4 gdp trends forecasts sector 2011 12 2012 20 14 2014 15 agriculture 5. 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. 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. Highlights of union budget 20112012 times of india. May 16, 20 the federal governments 20 federal budget was released earlier this week. Union finance minister pranab mukharjee presented the annual budget for the fiscal year 2012 in the parliament on 16 march 2012. Budget in brief presents an abridgement of the federal budget 201819. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. The union finance minister today presented the budget for the year 2014. List of download files uploaded by b r ramesh available for free download.
Mar 16, 2012 for 2012 , 25,555 crore provided for rtessa representing an increase of 21. Keep social distance and utilize your time by joining ca cs cma online classes at 30% disc coupon. Education outlay in budget 2018 set at rs85,010 crore. The union budget for 201112 has been announced by the union finance minister, mr pranab mukherjee, in parliament on february 28, 2011.
The union budget for 2012 has been announced by mr pranab mukherjee, the union finance minister, in parliament on march 16, 2012. The 201718 budget estimate had pegged an outlay of rs79,685. Union budget documents, 201617 interest payments include interest paid on internal debt like treasury bills, market loans, securities issued against small savings collection, state provident funds. Budget 2016 contents page summary of 2016 budget measures policy changes a1. In the union budget 2012 tabled in the parliament on 16 march 2012, the finance minister proposed an increase in allocation by 21. Union budget 2012 india presentation linkedin slideshare. Complete coverage on union budget 202014, budget 20 highlights, indian railway budget. It provides aggregated information on revenues and expenditures, budgeted for fiscal year 201819 alongwith budget estimates and revised estimates for the outgoing fiscal year 201718. A budget is a quantitative expression of a plan for a defined period of time. The report titled overview of the union budget 2012 by grant thornton includes some of the key policy announcements relating to tax and fiscal incentives across various industrial sectors. He said that in 201112, indias gdp is estimated to grow at 6.
Union finance minister pranab mukherjee will present the centres budget for the year 2012 at a time when economic growth has nosedived to 6. A detailed analysis of the union budget 201415 follows, with particular focus on. Mar 16, 2012 ca kuldeep maloo, delhi the power point presentation ppt file highlights key features of budget 2012. Some of the key points that were highlighted by chidambaram in the budget are. The budget 2012 saw a number of changes being announced across the sectors of the economy. File covers direct and indirect tax provisions in a very crisp manners.
Medium term fiscal policy cum fiscal policy strategy statement. Bharat book introduces a report fertilizer sector in india. A stepbystep guide on how union budget is formulated. Key highlights of union budget 2012 india presented by finance minister pranab mukharjee prepared by, shiv kumar agrawal. The ppt is of the various sector and the effect on those sector of budget 201617 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Hence, the union budget for 2012 would consist of budget estimates for 2012 , revised estimates for 201112, and actual expenditures and receipts of 201011. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. Fiscal deficit for 2012 pegged at rs 5,590 crore, which is 5. Based on a projected buoyancy in nontax revenue and indirect taxes lthe nominal growth rate of gdp is expected to be 14% for 2012.
Analysis of union budget 2012 government budget balance. Mar 16, 2012 get detailed union budget coverage on your mobile devices, download the ndtv profit app for iphone, android and ipad. Ppt union budget powerpoint presentation free to download. Swachh bharat kosh sbk climate change finance unit. Union budget powerpoint templates w union budgetthemed. The union budget is the financial annual report of india. Detailed information is available in the relevant budget documents. Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on. Mar 30, 2012 indias gdp growth in 2012 expected to be 7.
Proposed increase of 15% in plan expenditure and 6% in nonplan expenditure. Highlights of the union budget 201415 presented by finance minister arun jaitley in the parliament on july 10, 2014. Presenting the interim union budget for the year 201415, mr. The union budget is the financial annual report of india as a country. Chidambaram has presented the vote on account budget 201415 in parliament today 17th february 2014 monday. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty. In this report, we look at the key highlights of the union budget mainly from fixed income market perspective. Subsidies and fdisubsidies efforts to keep central subsidies under 2% of gdp in 2012. Review the finance minister presented the union budget for 2012 on 16mar12 amidst much expectations and hope. This years budget, to be presented after the election results of the five pollbound states are announced, happens to mark 20. Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on friday. Complete coverage of budget 2012 union budget 2012, railway budget 2012, economic survey 2012. Union budget 201112 ppt indian union budget 201112 courtesy by exult solutions.
The budget 201718 has been marked by historic economic policy developments. 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 it comprises the revenue budget and the capital budget. The budget is being seen as an opportunity to push for big reforms to jumpstart indias creaking infrastructure and slowing economy. Union budget2011 prebudget expectations and analysis as the country awaits the finance ministers speech for union budget 2011 on the 28 th february, it seems like he is going to have a tough time in striking the balance between controlling inflation and limiting the fiscal deficit to bare minimum. Pranab kumar mukherjee the current finance minister of india. Hence, the union budget for 2012 would consist of budget estimates for 2012, revised estimates for 201112, and actual expenditures and receipts of 201011. A free powerpoint ppt presentation displayed as a flash slide show on id. 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. Analysis of union budget 2012 free download as powerpoint presentation. This budget is considered to be one of the most highly anticipated budgets of recent years, a blueprint for austerity that forms the centrepiece of indias efforts to stave off a damaging credit ratings downgrade. Gdp trends forecasts sector 2011 12 2012 20 14 2014 15. In this regard you may like to note the following points. Gross domestic product gdp estimated to have grown at 8.
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. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Latest budget news reports, views, budget videos, budget analysis, budget 20. In the union budget 2012 presentation, the finance minister stated that the indian economy is estimated to grow by 6. 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 pranab mukherjee presented the union budget for the year 2012, his.
P chidambaram today 28th february 20, thursday has presented the union budget for the financial year 2014. The union budget 2012 presented by the finance minister pranab mukherjee in lok sabha today identified five objectives to be addressed effectively in the ensuing fiscal year they include focus on domestic demand driven growth recovery. Planning commissions role the ministries would provide budget estimates for plan expenditure for budget estimates for the next financial year, only after they have discussed their. Relative to high growth in the period 200304 to 201011 with the exception of 200809, growth in 201112 is on the lower side. According to the article 112 of the indian constitution, the government launches the annual financial statement, known as the union budget for that particular year. Total union government expenditure as a proportion of gdp % 14.
There is no restriction on clearance of goods from the factory on budget day. Budget 2012 highlights business news times of india. The budget was presented in the first glimmer of hope. Government formulated the retention pricecum subsidy scheme which has been a major impetus for the fertilizer industry since 1977 to 1992. The union minister of finance came up with an increased. Chidambaram said that the indias economy, the 11th largest in the world, had stabilized and was showing signs of turnaround. Presentation of union budget 2012 on 16th march 2012 guidelines as you are aware the union budget for 201220 is slated to be presented by the honble finance minister on 16th march, 2012.
Total union budget expenditure as a proportion of gdp year total expenditure from the union budget rs. Exclusive cnbctv18 and cnbc awaaz news, views, videos, budget analysis, expectations. Aiming at 78 per cent gross domestic product gdp growth in 34 years. For 2012, 25,555 crore provided for rtessa representing an increase of 21. Scribd is the worlds largest social reading and publishing site.
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