Union Budget 2014-15 Highlights – Pdf Download

Indian Finance Minster Arun Jaitley presented the Narendra Modi Government’s initiative Budget for the twelvemonth 2014-15 today (10th July 2014). In this budget the modi govenrment mainly focused to give-up the ghost on upward their election promises. In this budget Arun Jaitely has mentioned the issues similar Raising the personal taxation exemption limit past times Rs. 50,000, raising the Foreign Direct Investment (FDI) limit to 49%, Ganga Conservation Mission called ‘Namami Gange’ amongst Rs 2,037, Increasing security of women inwards large cities amongst Rs. 150 crores, setting upward 100 smart cities amongst Rs 7,060 crore, National Rural Internet in addition to Technology Mission etc. He confidently stated that this budget tin lav can increment fifty-fifty spell curbing borrowing, afterward the country’s longest slowdown inwards a quarter of a century. Below are the Highlights of Union Budget 2014-15. You tin lav download pdf version of the same from here.

Highlights of Union Budget 2014-15

  • FY16 Fiscal Deficit Target at 3.6%
  • FY17 Fiscal Deficit Target at 3%
  • Rs. 200 crore for vi to a greater extent than cloth clusters inwards Rase Bareily, Lucknow, Surat in addition to Bhagalpur. 
  • Rs. xxx crore laid aside for ‘hasthakala academy’ for reviaval of handicrafts
  • Rs. 50 crore laid aside for Pashmina Production programme inwards J&K 
  • Rs. 378,800 crore for NHAI in addition to State Highways
  • Rs. 3,000 crore for raods inwards North East
  • Rs. 4,200 corre for Jal Marg Vikas projection on river Ganga connecting allahabad to Haldia
  • 100 : Number of novel cities authorities volition build 
  • Rs. 7,060 cr : Amount sanctioned for creation of novel smart cities 
  • E-Visas : To live on introduced at ix airports to furnish much requried boost to tourism 
  • Rs. 200 crore : Amount sanctioned for Sardar Patel statue 
  • Rs. 500 crore : To live on spent on Gram Jyhothi Youjana 
  • Rs. 6,000 crore : Amount for welfare of senior citizens 
  • Rs. 150 crore : To live on spent to heighten security of women on roads 
  • Rs. 1,000 crore : Pension for EP subscriber scheme
  • Taxes Highlights :
    • Rs. 2.5 lakh : Tax exemption limit for modest & marginal, senior taxation payers, upward from Rs. two lakh 
    • Rs. iii lakh : Tax exemption limit for senoir citizens, upward from Rs. 2.5 lakh 
    • Rs. 1.5 lakh : Increased investment limit nether Section 80C, upward from Rs. 1 lakh 
    • Rs. two Lakh : Revised housing lan regate, upward from Rs. 1.5 lakh 
    • No change inwards taxation rates 
    • No change inwards surcharge
  • Agriculture highlights 
    • Rs. 100 crore laid aside for schemes to furnish soil wellness card 
    • Rs. 56 crore for soil testing labs across the country 
    • Rs. 200 crore set aside for agriculture universities inwards AP in addition to Rajasthan, in addition to Horticulture University inwards Haryana, Telangana 
    • 5 lakh landless farmers to live on provided finance through NABARD 
    • Rs. eight lakh crore laid aside for evolution of agriculture sector 
    • 3% sum of incentive to live on given to farmers repaying loans on time 
    • Rs. 100 crore laid aside for Kisan Television to furnish existent fourth dimension data on diverse farming in addition to agriculture issues 
  • Education Highlights 
    • Rs. 100 crore for Beti Bachao-Beti Padhao yojana 
    • 4 novel AIIMS to live on gear upward inwards AP, UP, WB in addition to Maharashtra 
    • Rs. 28,000 core for sanitation inwards all primary schools 
    • 12 to a greater extent than governement medical colleges to live on laid up  
    • 5 novel IITs in addition to IIMs to live on laid up 
    • Rs. 3,600 crore for rural drinking H2O programme 
    • Rs. 8,000 crore for rural housing scheme  
    • Rs. 100 crore to live on spent on upgrading madarsas  

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