Finance minister arun jaitley presenting the budget in parliament on wednesday. Union finance minister arun jaitley, on wednesday, presented the union budget 2017 18 in the lok sabha. Indias union budget 20182019 albright stonebridge group. Madam speaker, i rise to present the budget for the year 201617. Feb 01, 2017 after announcing the union budget 2017 on february 1, finance minister arun jaitley today interacted with industrialists on thursday in an exclusive collaboration and discussed the announcements. Currently, he is not well and admitted in the aims hospital. Full text of arun jaitleys budget speech 201718 the hindu. Watch me live presenting the union budget 2017 at 11 am, february 1, 2017, jaitley tweeted. Pti photo madam speaker, on this auspicious day of vasant panchami, i rise to present the budget for 2017 18.
Hello and welcome to bloombergquints coverage of the union budget 2017. Finance minister arun jaitley presented finance bill on 21 march 2017. Finance minister arun jaitley announced ten distinct themes in his budget speech on wednesday, thereby setting the agenda for the financial year 2017 2018. On this auspicious day of vasant panchami, i rise to. Jaitley said that the government had accepted the election commissions recommendations to ensure transparency in the fundings for political parties. Annual financial statement afs mandated by article 112. Madam speaker, on this auspicious day of vasant panchami, i rise to present the budget for 2017 18. From 1860 to 2017 budgets which shaped the history of. Madam speaker, our government was elected amidst huge expectations of. Oct 17, 2018 union finance minister arun jaitley today said his union budget for 2017 18 allocates more towards rural areas, welfare schemes and infrastructure, while ensuring that government finances do not go out of control. On the eve of finance minister arun jaitleys 4th budget, expectations are rife for some big announcement. Budget 20182019 speech of arun jaitley minister of finance february 1, 2018 section i governance, economy and development madam speaker, 1. Finance minister arun jaitley will present the budget on 1 february. Finance minister arun jaitley presented union budget 2017 in parliament on wednesday.
Finance minister arun jaitley presented the union budget 2017. Scrapping the colonialera tradition of presenting the budget at the end of february, finance minister arun jaitley had for the first time presented the annual accounts on 1 february in 2017. In a rebuttal of the criticism of budget 201819 pandering to the farm sector in a preelection year at the expense of the middle class and the corporate sector, finance minister arun jaitley on. Sector wise budget allocation 2017 budget 201718 budget sector wise pdf demonetisation. Jan 31, 2017 hello and welcome to bloombergquints coverage of the union budget 2017. Jan 31, 2017 arun jaitley is the most important person at this point. Watch me live presenting the union budget 2017 at 11 am, february 1, 2017, finance minister arun jaitley tweeted. Finance minister arun jaitely will present union budget 2017 18 in lok sabha. The union finance minister arun jaitley on 1 february 2017 presented the union budget 2017 in the lok sabha. The full text of arun jaitleys union budget speech delivered in parliament on thursday. A lot of future investments, expenditures and savings will depend on his calculations on february 1, 2017.
Finance minister arun jaitley will present the fourth budget of the. The budget session of parliament may begin on january 30 with president ram nath kovind addressing the joint session of both the houses of parliament, a senior government official said. Arun jaitleys 10 themes which held the budget together. The following is the full text of arun jaitleys speech on the union budget for 201819. Arun jaitley presents his fourth union budget today on business standard. The announcement has come a day before the monthlong winter session of parliament will start from 16th. In the independent india, this will be the 87th budget. From 1860 to 2017 budgets which shaped the history of india.
Finance minister arun jaitley may hike service tax rate to 1618% from the current 15% in the budget, due on wednesday, as a precursor to the goods and services tax gst rollout. Mr jaitley, these are five key expectations from budget 2017. Bsvi can be used in older vehicles as well while a clear and transparent policy framework with stipulated time targets laid the foundation. Arun jaitley to present union budget for 201718 on 1st. This is the fourth budget by the narendra modi government. In the last budget, finance minister arun jaitley made withdrawals from nps on maturity tax free up to.
Jan 23, 2017 mr jaitley, these are five key expectations from budget 2017 it is expected that jaitley on february 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers in the country. The announcement has come a day before the monthlong winter session of. The tweet came as doubt was being cast over presentation of the budget in the wake of the death of former union minister and indian union muslim league leader e ahamed early this morning. Click here to read the full speech you have reached your limit for free articles this month.
Union finance minister shri arun jaitley presented his fourth union budget 2017 2018 in lok sabha on february 1, 2017. Updated on january 12, 2018 published on february 01, 2017. He has been one of the main strategists of the bjp party. Budget 20162017 speech of arun jaitley, minister of finance. Jan 11, 2017 with another year passing by and the date for union budget 2017 18 fixed for 1st february, all the sectors are now queuingup with their wishlist and expect finance minister arun jaitley to. Arun jaitley s 10 themes which held the budget together.
Arun jaitley likely to present first postgst budget on. The major highlight of the budget in terms of taxation was the imposition of a 10% tax on longterm gains from equity investments. However, since its implementation in july 2017, the gst rate for. Finance minister arun jaitley will present the fourth budget of the bjpled national democratic alliance nda government.
I extend my warm greetings to everyone on this occasion. Finance minister arun jaitley is likely to present indias first postgst and the current governments last full budget on february 1 next year. For arun jaitley the challenges are many, the solutions few it remains to be seen how the lawyerturnedpolitician balances the competing demands on the money his government has. Fm arun jaitley will present budget 2018 on february 1. According to the fm, for the first time the budget had been preponed to february 1. Indians farmers and the really wealthy would perhaps be thankful to finance minister arun jaitley. For the first time, the date of presentation of budget has been advanced by nearly a month. Presenting his fourth budget in the lok sabha, the finance minister also outlined 10 themes for his latest exercise.
The maximum amount of cash donation to any political party will be rs 2,000 from any person, jaitley said. Union budget 2017 on february 1 by fm arun jaitley is. Demonetisation is expected to have a transient impact on the economy. Demonetisation is a bold and decisive measure that will lead to higher gdp growth. Jaitleys budget promises to ramp up spending on rural areas, infrastructure and fighting poverty, while. Check full text of arun jaitley s budget 2017 speech union finance minister arun jaitley on monday presented his third budget which took on both the fiscal and physical health of the nation by. What to expect from fm arun jaitley s budget jaitley will break away from tradition and after a period of 92 years of separate presentation of union budget and railway budget, both will be presented as a combined document on an advanced date than the commonly followed schedule of end of wednesday.
It will have a great impact on the economy and lives of people. Arun jaitley likely to present his fifth budget on february 1. What finance minister arun jaitley said versus what the numbers show do finance minister arun jaitleys budget pronouncements match up to what the numbers say. What finance minister arun jaitley said versus what the numbers show do finance minister arun jaitley s budget pronouncements match up to what the numbers say. Madam, four years ago, we pledged to the people of india to give this nation an honest, clean and transparent government. Feb 01, 2017 check full text of arun jaitley s budget 2017 speech union finance minister arun jaitley on monday presented his third budget which took on both the fiscal and physical health of the nation by. Sector wise budget allocation 2017 budget 201718 budget. Announcing the 2018 budget, finance minister arun jaitley reiterated prime. Earlier, the budget used to be presented on the last working day of february. What to expect from fm arun jaitleys budget jaitley will break away from tradition and after a period of 92 years of separate presentation of union budget and railway budget, both will be presented as a combined document on an advanced date than the commonly followed schedule of end of wednesday. Fm arun jaitley s fourth budget will have a fresh feel the budget presentation has been advanced by a month. Budget 2017 2018 speech of arun jaitley minister of finance february 1, 2017 here is the full text. While the topmost is definitely about a cut in income tax rates, a. Get live updates on budget 2017 along with key highlights and announcements.
As of 2017, a basic income proposal would indeed be weak medicine for the. Finance minister arun jaitley will present the union budget for 2017 18 on 1st february. Nov 15, 2016 finance minister arun jaitley will present the union budget for 2017 18 on 1st february. Highlights of arun jaitleys union budget 201718 speech in. Full text of arun jaitleys budget speech 201718 the. Arun jaitley likely to make national pension system totally taxfree. Finance minister arun jaitley will present the union budget 2017 18 at 11 am on wednesday in lok sabha. On the eve of finance minister arun jaitley s 4th budget, expectations are rife for some big announcement. Arun jaitley is the most important person at this point. Full text of fm arun jaitleys speech in parliament here is the full budget speech by finance minister aruna jaitley in parliament. I am presenting this budget when the global economy is in serious crisis. Jan 12, 2018 full text of arun jaitleys budget speech.
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