Well hello every one as we all know budget session is going on and already railway and other budget are passed, today on 28th February 2015 finance Minister of India has passed Mr. Arun Jaitely has passed Union Budget 2015. All Indian’s were frequently waiting for full year budget from Pm Modi’s Nda government because common people wanted to know how PM Modi bring ache din for every Indian, so scroll below to know what’s there for you in Union Budget 2015
Union Budget 2015 Highlight by Finance Minister Arun Jaitely
Union Budget 2015 Highlight
GDP growth estimated at 7.4%, growth of 8% in 2015-16 the Government will
Retail and wholesale price inflation rate of 5.1 negative (negative)
50 million in 2014-15, made the toilet, our goal is to make toilet sixty million
Clean India campaign, we changed into movement
To provide subsidies JAM; J- public funds, A- base, M- Mobile. JAM peoples will be brought directly to the account of subsidies
All house plans by 2022
Every village has a plan to hospital
goal to end poverty by 2022
The goal of electrification of 20,000 villages
The employment of every home by 2022
The target of every house road
Infrastructure needed private investment in
The Government of the old governments faced trouble
The need to increase agricultural production in
62% of the State Tax
PM Security Insurance Plan will begin, of which 2 million insurance premium of Rs 12 will
AB pension scheme will be introduced, which would give one thousand Government and a thousand person (five years) for the next five years, the government will pay 5,000
EPF and PPF unclaimed money schemes for the poor
The divestment plan to raise money
34 699 million for holding
The new floor plan for minorities
Government deficit will be 4.1%
subsidies aim to control leaks
Infrastructure Fund announced 20 thousand million
Rail, road tax-free bonds for projects like
5 new ultra mega power projects proposed
25000 crore for rural loan
150 million for research and development
satu plan (plan attached to the IT sector) 1000 million
The financial deficit less than 3%
To strengthen the futures market and aim to eliminate speculative market
SEBI and FMC will Viel
Direct tax system will be implemented
The goal of GST
regulator Forward Markets Commission merging into
Gold Metal account interest which will be
Gold Coin issue which would make Ashok Chakra
To stop the flow of black money to try to reduce the cash transaction, the credit, debit card will be promoted
Approval of foreign investment in the area is 39. 100 Fisdi the difference between FDI and FII crack
Women Nirbya fund of Rs 1,000 crore for protection
Varanasi, Hyderabad and will be included in the world heritage cities like Amritsar
countries increased from 42 to 150 countries Visa on Arrival facility
The new system of public procurement to stop the scam
per cent of 54% will increase the efficiency of
In Bihar, Punjab, Himachal Pradesh and Tamil Nadu, one of the AMS
Arunachal Film Institute in Jammu and Andhra IIM
Promoting digital fiber networks in India Optikl
Finance Commission has recommended more Fayada Bihar and Bengal, the emphasis will be on the development of the states of North East
33 152 million to the health sector
2 lakh 46 thousand 727 crore for defense budget, also already allowed foreign investment
Singapore’s lines in Gujarat
Try to keep stable tax policy
No change in income tax
overseas sentence of 10 years to hide black money
Returns to tell the overseas property
Corporate tax reduced to 25% in 4 years
Income tax penalty of seven years in hiding overseas accounts
The new law will make black money
The companies would be exempt from tax
The tax increase on the rich, from 1 million to 2 per cent of those earning Srcharj have to Rights
Pan, pocket change Dyuti excise on cigarettes, prices rise
12.36% service tax has been increased from 65 to 14%, everyday things, prices rise
Health Tax exemption for senior citizens
80C Sukanya plan exemption
25 thousand tax on health insurance
Transport allowance increased from 69 in 1600 to 800 rupees
Pay Commission report is coming next year (Source : abpnews )
Politicians Review and tweets on Budget 2015
‘Nayi manzil’ sounds very interesting, ‘Atal yojana’ program needs to be celebrated across country: Smriti Irani pic.twitter.com/i8bRvZBd4R
— ANI (@ANI_news) February 28, 2015
“The budget has definitely sent a strong signal stressing foreign investment in many ways”- KPMG #BudgetwithHT#India
— Madhavan Narayanan (@madversity) February 28, 2015
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