2015 Budget Highlights
Content
Key Highlights
Quoting PAN a must for all purchases above Rs 1,00,000
Corporate tax reduced from 30% to 25% over next four years
Defence allocation for this fiscal is Rs 2,46,727 crore.
AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.
Govt to raise visa-on-arrival facilities to 150 countries from 43
Govt to introduce Indian gold coin with Ashoka sign on it.
Proposes 5 ultra mega power projects for 4,000 MW each: FM
Investment in infrastructure to go up by Rs 70,000 crores: Jaitley
We are committed to subsidy rationalisation based on cutting leakages: Jaitley
States get 62% of the total resources now: Arun Jaitley
GST to be put in place by April 1, 2016: FM
Will finish the journey to 3% fiscal deficit in two years: FM
With all humility I submit that this opportunity has risen because we have
created it: FM
Cabinet meet on, Jaitley answers queries by ministries before Budget
presentation
Finance minister Arun Jaitley reaches Parliament.
Spread the JAM so fruits of subsidy reach the needy
Congress: Make in India should find focus in the Union Budget.
Sensex rises more than 200 points in opening trade.
India in 'sweet spot', poised for double-digit growth: Survey
Govt to reduce custom duty on 22 items
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions
announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased
to Rs 1600 per month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions.
Govt increases limit of deduction of health insurance premium from Rs 15,000
to Rs 25,000.
100% deduction for contribution to Swachch Bharat and Clean Ganga schemes.
Rs 150 core to create world class IT hub in India: FM
Net gain from tax proposals seen at 150.68 billion rupees in 2015-16.
Direct tax proposals will lead to loss of Rs 8,315 crore; indirect proposal will
yield Rs 23,383 crore.
We have been consistent in what we have said and what we are doing: Arun
Jaitley.
Yoga included in the ambit of charitable purposes under the Income Tax Act.
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions
announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased
to Rs 1600 per month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions
Quoting PAN a must for all purchases above Rs 1,00,000
Corporate tax reduced from 30% to 25% over next four years
Defence allocation for this fiscal is Rs 2,46,727 crore.
AIIMS to be set up in J&K, Punjab, Tamil Nadu, Himachal Pradesh and Assam.
Govt to raise visa-on-arrival facilities to 150 countries from 43
Govt to introduce Indian gold coin with Ashoka sign on it.
Proposes 5 ultra mega power projects for 4,000 MW each: FM
Investment in infrastructure to go up by Rs 70,000 crores: Jaitley
We are committed to subsidy rationalisation based on cutting leakages: Jaitley
States get 62% of the total resources now: Arun Jaitley
GST to be put in place by April 1, 2016: FM
Will finish the journey to 3% fiscal deficit in two years: FM
With all humility I submit that this opportunity has risen because we have
created it: FM
Cabinet meet on, Jaitley answers queries by ministries before Budget
presentation
Finance minister Arun Jaitley reaches Parliament.
Spread the JAM so fruits of subsidy reach the needy
Congress: Make in India should find focus in the Union Budget.
Sensex rises more than 200 points in opening trade.
India in 'sweet spot', poised for double-digit growth: Survey
Govt to reduce custom duty on 22 items
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions
announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased
to Rs 1600 per month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions.
Govt increases limit of deduction of health insurance premium from Rs 15,000
to Rs 25,000.
100% deduction for contribution to Swachch Bharat and Clean Ganga schemes.
Rs 150 core to create world class IT hub in India: FM
Net gain from tax proposals seen at 150.68 billion rupees in 2015-16.
Direct tax proposals will lead to loss of Rs 8,315 crore; indirect proposal will
yield Rs 23,383 crore.
We have been consistent in what we have said and what we are doing: Arun
Jaitley.
Yoga included in the ambit of charitable purposes under the Income Tax Act.
Individual tax payer will benefit to the extent Rs 4,44,200 from the exemptions
announced.
All contributions to Sukanya Samridhi scheme to be tax free.
Transport allowance, which is currently Rs 800 per month, has been increased
to Rs 1600 per month: Arun Jaitley.
Additional deduction of Rs 50,000 for pension contributions
