We have provided you with all the important highlights of union budget 2018. Union budget 201819 overall highlights rajya sabha tv. Indian stock markets have posted their best onemonth pre budget gain. Finance minister arun jaitleys delivered this governments fifth and last full budget amid subdued economic growth, challenging fiscal situation and farm distress. Government says a series of structural reforms will propel india among the fastest growing economies of the world. Union excise duties 7% gst 18% corporation tax 18% centrally sponsored pensions. Union budget 2018 analysis and highlights bankbazaar.
However, as anticipated, rural agriculture sector was a focus area. Click and explore our experts expectations from union budget 2020 to be announced. India union budget 2018 highlights pdf free upsc materials. Union budget of india 201819 highlights and economic survey 2018 highlights pdf. No changes have been made to the existing personal income tax slabs. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams like rbi, nabard and other government exams. Dec 28, 2018 heres what all it had pushed for in its last full budget. Prominent themes of the budget ease of governance financial aspirational economic caringsociety living sector spaoa india. Read the highlights from budget 2018 below to find out. Medium term fiscal policy cum fiscal policy strategy statement. Brief summary, financial, general, family, it latest update. Budget 2018 has given more importance to railways and agriculture. Etmarkets compiles the highlights that may matter to you.
In order to boost the msme sector, the corporate tax has been reduced to 25 per cent for companies with turnover up to rs. Find here complete summary of union budget 2019 2020 and easily download highlights of india budget 2019 pdf for upcoming exams. Finance minister arun jaitley presented the general budget 201819 in parliament on thursday. Union budget 201516 india, indian union budget 201516, pdf. Finance minister shri arun jaitley presents general budget 201819 in parliament. Union budget 201516 india, indian union budget 201516. Highlights of the union budget 2018 uti asset management. Developing an ecosystem that can support legal professionals in meeting evolving regulatory obligations. Tsmt february 1, 2018 foreword the union budget 2018 marks the last full budget to be presented by the nda government before the upcoming elections and also the. Araj and associates 20 p a g e chartered accountants union budget 2018 highlights 79 w. Feb 02, 2018 union budget 201819 overall highlights rajya sabha tv. Budget was guided by mission to strengthen agriculture, rural development, health, education, employment.
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. Till 2016, it was presented on the last working day of february. Importexport policy was revamped and import duties slashed to. Check out the key highlights of indias 2017 budget, incl. Union budget of india is referred to as the annual financial statement in the article 112 of the constitution of india. A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year. Presumptive income schemes are liberalized for small businesses with turnover below rs. Finance minister arun jaitley starts presenting the budget 201819.
All you need to know about budget 2018 all you need to know about budget 2018 dd news is the news channel of indias public service broadcaster. Education cess and secondary and higher education cess to be replaced by health and education cess at the rate of 4% of tax and surcharge. Highlights of 27 union budgets since the landmark of 1991 that ushered the era of economic liberalisation for india. Union budget of india 2018 19 highlights and economic survey 2018 highlights pdf quick facts about union budget. Join our telegram channel if you are new to upsc field, we recommend you to know about upsc. Budget was guided by mission to strengthen agriculture, rural. Jaitley stressed on the structural reform implemented by pm narendra modi that have enabled the government to positively transform india from being one of the fragile five. Tax cut for middle class, relief for small farmers. Country firmly on course to achieve over 8% growth as manufacturing, services and exports back on good growth path. Pwc union budget 202021 budget highlights 6 personal tax optional tax regime introduced to provide relief to certain taxpayers. Deferring esop income taxability in the hands of employees of eligible startups. Manmohan singh 1991 ushered the era of economic liberalisation for india.
Times of india brings to you the highlights of finance minister arun jaitleys union budget 2018 with latest updates on tax slabs, railway budget a. It highlights rising crude oil prices as one of the key issues for the country. Feb 01, 2018 finance minister arun jaitley unveiled his last full budget in parliament today. Union budget 201819 live updates highlights pdf download. Aiming for the bullseye february 2018 pwc 6 budget highlights direct taxes personal tax no change in tax slabs or rates for individual taxpayers. India union budget 201819 english pdf all pdf which are provided here are for education purposes only. Important for competitive exams banking, insurance, ssc, upsc, clat, and other. The budget for the financial year 201819 was unveiled by finance minister arun jaitley today. Highlights of union budget 2018 coverfox insurance.
Union budget of india 201819 highlights and economic survey 2018 highlights pdf quick facts about union budget. Feb 05, 2018 araj and associates 20 p a g e chartered accountants union budget 2018 highlights 79 w. Union budget is defined under article 112 of the indian constitution. Arun jaitley, finance minister has presented union budget of 20182019. Gross domestic product gdp growth of india for 201516 projected between 8. So, stay tuned to this page for pdf file of union budget 2018 19. Ahead of the union budget 2018, the economic survey has unveiled 10 new facts about indian economy. Income tax rates cut for earnings up to rs 15 lakh per year. Press information bureau government of india highlights of budget 201819 new delhi, 01th february, 2018. The union budget 2018 19 holds special significance being the first budget post the implementation of gst in july 2017. Here are some of the highlights from the union budget 201819 presented by the finance minister arun jaitley in the parliament on february 1, 2018. So, stay tuned to this page for pdf file of union budget 201819. Highlights of union budget 2018 19 overview of the economy the gdp grew at 6. The budget has received mixed emotions from experts and for those of you who dont know the changes proposed by our finance minister, here are the highlights of the union budget 2018 agriculture sector.
Union budget 2018 arun jaitleys fifth and the modi governments last full budget highlights. Highlights of union budget 2018 linkedin slideshare. Union budget of india 201819 highlights pdf cracku. Finance minister, nirmala sitharaman announced that there is a proposal to raise the surcharge for incomes above rs. Finance minister, nirmala sitharaman announced that there is a proposal to. Given below are some of the most important highlights from the budget. Highlights of union budget 201819 overview of the economy the gdp grew at 6. Taxations no changes to income tax to individuals standard deduction of rs 40,000 allowed for salaried class. Budget overview four years ago, we pledged to the people of the nation an honest government, the finanace minister began by saying. A look at key highlights of union budget 2019 all you need to know about the union budget 2020 union budget 2020. Read about the highlights of union budget 201819 presented by arun jaitley, download summary pdf, key takeaways, ayushman bharat. Indian stock markets have posted their best onemonth prebudget gain.
This is off course an election budget which balances populism and discipline, but salaried class and investors are disappointed. National heritage city development augmentation scheme. Here are highlights finance minister arun jaitley announced in his. Union budget highlights 20182019 in simple and detailed. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. Finance minister arun jaitley unveiled his last full budget in parliament today.
All you need to know about budget 2018 all you need to know about budget 2018 dd news is the. What are the budget highlights which would have impact on personal finance. Major highlights of proposed tax slab for ay 201819. Please utilize them for building your knowledge and dont make them commercial.
Fair market value of inventory which is converted to capital assets will be considered as business. The union budget 201819 holds special significance being the first budget post the implementation of gst in july 2017. Budget 2018 is the first budget after the implementation of goods and services tax gst in june last year. Arun jaitley announces capital expenditure of rs 1,48,528 crore for. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement. We will update the pdf file of 2018 budget when the budget sessions are completed. Highlights of union budget 201819 relating to indirect taxes. Gross domestic product gdp growth of india for 201516 projected between 88. India union budget 2018 highlights pdf, now a days coaching institutes are drinking blood of students in name of coaching, we raised to fight the cause, you can help us in different ways, all pdf which are provided here are for education purposes only. Major highlights of proposed tax slab for ay 2018 19. A snapshot of the union budget of india 201819, presented by govt. Highlights of union budget 2018 2019 income taxno change is proposed in personal income tax rates. Finance minister arun jaitley presented the general budget 2018 19 in parliament on thursday.
Finance minister arun jaitley starts presenting the budget 2018 19. Decoding the fineprint to states against a projection of rs 21. Union budget 2018 highlights key points of union budget. Amendments to be effective from 2nd february, 2018 a social welfare surcharge at 10% of the aggregate customs duties has been levied on imported goods in place of existing 3% education cesses. Pdf key highlights of union budget 2018 gk notes for. Highlights union budget 2018 2019 with pdf download. It also talks about the positive impact of gst, as there has been a 50.28 1141 1185 512 297 997 696 1155 146 344 1464 1320 335 569 1650 1195 1665 1174 71 460 391 1557 758 118 443 1353 61 950 414 915 199 611 1372 1283