All About Budget 2014-15 Key Highlights
Key Features of Budget 2014-15
01:15 pm: Speech Ends.
01:14 pm: Computers price to grow. Additional duty will be charged on imported computer components.
01:12 pm: Excise on Gutkas raised to 70% from 60%.
01:11 pm: Excise on footwear cut down to 6% from 12%.
01:07 pm: Sugary carbonated drinks to get dearer.
01:06 pm: Excise Duty raised on Cigarettes and Pan masala from 11% to 72%.
01:01 pm: No custom duty on import of LCD and LED colour picture tubes below 19 inches.
12:57 pm: Imported electronic goods will cost more.
12:53 pm: Government to take a view on Direct Taxes Code(DTC)
12:51 pm: For senior citizens tax exemption raised to 3 lakh from 2.5 lakhs.
12:46 pm: Tax exemption raised on Housing loan from 1.5 to 2 Lakhs.
12:45 pm: Income tax exemption limit raised to 2.5 lakhs.
12:45 pm: There will be no change in income tax rates.
12:40 pm: Non-Planned expenditure increased to 12.19 lakh crores.
12:38 pm: Rs.500 crores allocated to rehabilitation of displaced kashmiri migrants.
12:37 pm: Sports academies to be set up in India.
12:35 pm: FM proposed Rs.100 crores to train the sportspersons for Asian games and Commonwealths.
12:35 pm: FM sticks to 4.1% of the fiscal deficit.
12:30 pm: NRI funds raise for clean ganga projects.
12:29 pm: Rs.100 crores allocated for study on linking rivers.
12:24 pm: Defence allocation increased by Rs. 5000 crore.
12:24 pm: A special Small Savings Scheme will be introduced for the education of girl child.
12:22 pm: Annual PPF ceiling will be enhanced to Rs.1.5 lakh from Rs. 1 Lakh.
12:19 pm: Banks will be given more flexibility to extend long term loans.
12: 11pm: Fm proposes one demat account for all financial products.
12:08 pm: A modern country needs multiple modes of transport.16 new port projects will be awarded in financial year 2015.
12:05 pm: Aims at boosting Transport, Logistics, Exports and other related sectors.
12:05 pm: Restructuring Food Corporation Of India will be amongst the top priority.
11:58 am:Aims to provide 8lakh crore farm credit in financial yesr 2015.
11:52am: 3% interest susidy on farm loans.
11:50 am: Slum development will be made part of corporate social responsibility.
11:45am: Rs.50500 set for uplifment of scehdule castes and schedule tribes.
11:40 am: Rs.4000 crores set for affordable housing via National Housing Bank.
11:35 am: Rs.200 crores set for woman upliftment.
11:31 am: Aiming for total sanitation for all households.
Rs 100 crore for 600 community radio stations; aiming for total sanitation for all households by 2019; an AIIMS in every state.
11:30 am: 5 more IIt’s and IIm’s to be set up.
11:24 am: Power supply will be 24*7, promises Jaitely.
11:22 am: Proposed to give more autonoy to banks so as to make them more responsible.
11:21 am: Financial stability will be the area to majorly focus upon.
11:20 am: E- Visa to be allowed at 9 Airports.
11:16 am: Composite cap for foreign direct investment to increase in defence and insurance from 26% to 49%
omposite cap of foreign direct investment in defence and insurance raised from 26 percent to 49 percent.
composite cap of foreign direct investment in defence and insurance raised from 26 percent to 49 percent.
composite cap of foreign direct investment in defence and insurance raised from 26 percent to 49 percent.
11:08 am: The task before me today is very challenging; need to revive growth in manufacturing sector: Jaitley.
11:06 am: There is a large population which is below the poverty line: Jaitley.
| Check Your Income Tax Slab | ||
| Income Tax Slab For General Tax Payers | Income Tax Slab For Women | Income Tax Slab For Senior Citizen |
11:05 am: The steps I will announce are only the beginning of the journey we wish to take for macro economic stabilization, says Jaitley.
11:04 am: The budget is the most comprehensive action plan: Jaitley.
11:04 am: There are green shoots of recovery in the global economy: Jaitley.
11:04 am: We look forward to lower inflation, says Jaitley.
11:02 am: People have voted for a change. India desires to grow: Jaitley.
11:01 am: Finance Minister Arun Jaitley rises to present Budget 2014.
10:53 am: Finance Minister Arun Jaitley to present Union Budget shortly.
10:40 am: Cabinet clears Arun Jaitley’s Union Budget.
10:36 am: Union Cabinet meeting at Parliament ends.
10:27 am: Arun Jaitley briefs Union Cabinet on Budget 2014.
10:17 am: Union Cabinet meeting begins at Parliament ahead of presentation of Union Budget.
10:14 am: The economic status of nation is unstable but we are sure Arun Jaitley will present a good Budget: BJP leader Nalin Kohli.
10:12 am: Fiscal deficit needs to be looked at, says former MoS finance JD Seelam.
10:10 am: Growth with employment is the top focus in Budget, says BJP.
10:05 am: We need to bring down inflation. Investment incentive is needed: Chandrajit Banerjee (DG, CII) on expectations from Union Budget.
| Maximize Your Tax Savings – Apply For | ||||
| Guaranteed Plan | Investment Plan | Money Back Plan | Pension Plan | Life Insurance |
