A snapshot of the union budget of india 2017 18, presented by govt. Comprehensive coverage and analysis of union budget 201718. Union budget 201718 general knowledge multiple choice. Brief summary, financial, general, family, it latest update. Post demonetization, the union budget 2017 is going to be a litmus test for this government. Union budget 201718 1 highlights of union budget 201718 personal income tax existing rate of tax for individuals between rs. 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. Additionally, there is the banking sector that expects some additional measures in union budget 2017 to provide credit growth. Watch live union budget 201718 news, live steaming of india finance budget, highlights, expectations on budget 2017 speech by finance minister arun. A brief description of the union budget 201718 along with railway budget slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A snapshot of the union budget of india 201718, presented by govt. Union budget 201718 was announced by finance minister arun jaitley today. Key budget proposals government to launch two new schemes to promote the usage of bharat interface for money bhim.
The union budget 201718 is mainly focussed on the 10 issues. Agricultural budget, basic budget, important points, pension for senior citizens, changes made by the budget committee. It also contains estimates for the next fiscal year. It contains the government of indias revenue and expenditure for the end of a particular fiscal year. The union budget 2017, according to some experts, features plans that will significantly increase the government spending on infrastructure.
Click here to download latest union budget 201819 the union budget is the annual report of india. 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, but this time it is presented earlier on 1 feb 2017. Budget documents union budget 2017 documents presented to the parliament by finance minister, arun jaitley on february 1, 2017. The share of children in the union budget 201718 has remained the same as 201617. The governments decision to stick to fiscal consolidation. An assessment 1 effective revenue deficit is the difference between revenue deficit and grants for creation of capital assets signifying that amount of capital receipts that are being used for actual consumption expenditure of the government. Key highlights of budget for children 201718 despite various national and international commitments and promises of inclusive growth, children receive only rs.
On 1st february, 2017 finance minister arun jaitley presented the union budget 201718 in the parliament. After a long journey of economic reforms, amid subdued economic growth, challenging fiscal situation and farm distress, the budget endeavours to continue its focus on poverty, rural economy, healthcare, education. Cpibased inflation declined from 6% in july 2016 to 3. Union budget 2017 highlights pdf download wednesday, february 01, 2017 banking awareness, current affairs important updates, pdf downloads leave a comment. In the union budget 201718, the fund size has been increased by another rs 20,000 crore, taking the total fund size to rs 40,000 crore. 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. Budget expectations are running high and have created a buzz in entire country. On the flipside, there was a view that as the fiscal benefits of. The 2017 union budget, presented by finance minister arun jaitley on wednesday, was broadly focused on 10 themes the farming sector. On the growth path february 2017 pwc 6 global economy the world economic growth for 2016, at an estimated 3. Click here to read the full speech you have reached your limit for free articles this month.
Up to some extent, this demand was addressed in budget 2017. Finance minister arun jaitley presented the union budget 201718 in the lok sabha today. 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. Union budget 201718 free current affairs pdf download. 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. Economics optional, economy, gs3, prelims paper i gs, upsc tagged with. Union budget highlights 20172018 2nd february 17 2. The capital expenditure announced for 201718 is also lateral at 10. Jan 19, 2017 union budget 2017 to feature higher infrastructure investment. Opening remarks govt has continued with steady path of fiscal consolidation. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Union budget of india 201819 highlights pdf cracku. Union budget 2017 download pdf link available at the bottom of the page. Union budget 201718 one liner questions by 101 questions on general budget 2017 18 1.
Simple one page return for people with an annual income of rs. Railway budget 2017 highlights, union budget 2017, railway. 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. First, presentation of budget advanced to 1st february to enable the ministries to operationalise all. The union budget comprises the revenue budget and the capital budget, but now railway budget is also presented along with. Union budget proposed infrastructure status for affordable homes along with several other measures for the real estate sector. On the one hand, there was an expectation that the demonetisation exercise warranted granting of a fiscal largesse to taxpayers, both individuals and corporates, through lower rates and increased deductions. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Union budget 201718 was published in the reserve bank of india bulletin, may 2017. Budgeting is the process of creating a plan to spend your money. Gk question on union budget 2017 pdf, union budget 2017. Indias current account deficit declined from about 1% of gdp last year to 0.
The government has allocated a massive rs 10,000 crore towards the bharat net project for 201718. Major highlights of proposed tax slab for ay 201819. Union budget 2017 highlights pdf download gr8ambitionz. Compiled by cbga from budget at a glance, union budget documents, various years. The government will present the union budget 2019 on february 1, a day after the budget session of parliament commences on january 31. Gst implementation and demonetization surplus liquidity in banking system will raise access to credit, leading to. The budget documents presented to parliament comprise, besides the.
Full defence budget analysis pdf you may also check what impact this budget will have in coming years. Check out the key highlights of indias 2017 budget, incl. Many of us were expecting tax relief, inflation control, infrastructure development and much more from budget 2017. Union budget 201718 is a balanced and growthoriented budget which focuses on small taxpayers by offering tax benefits, enhancing competitiveness of msmes and providing infra status to affordable housing. Union budget 201718 questions and answers are very useful for the competitive exams like bank exams, civil, any other government exams. Go to download page close 11 the proposed allocation for the scheduled tribes in union budget 2017 is. It will be the first to be presented in the month of january and the first to incorporate the railway budget. Union budget 2017 key points from indias budget in pdf. Union finance minister arun jaitley announced the following highlights in the rail budget. Key to budget documents pdf file opens in a new window. 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. Everything about union budget 2017 download pdf day.
Union budget 201718 questions and answers union budget. Budget 201718 capital expenditure growth increase in capital expenditure the government increased capital expenditure in fy17 from budgeted 3. The union budget 201819 holds special significance being the first budget post the implementation of gst in july 2017. Union budget 202021 india date and time, timings, income tax slab rate expectations. Finance minister arn jaitley has presented the 2017 union budget on 01st february 2017. On the domestic side, initiating structural reforms notably, the. I ndian finance minister arun jaitley has presented the union budget for the year 201718 in the lok sabha today 1st february 2017. The budget 202021 will be presented by finance minister nirmala sitaraman. Medium term fiscal policy cum fiscal policy strategy statement. Union budget 201718 one liner questions by aspirantszone. Increase the current salary ceiling of inr25,000 per month for deduction under section 80jjaa redefine the transfer pricing safe harbour margins for.
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