Tag Archive | Budget

BUDGET HISTORY: INDIA


budget tan

1947: Independent India’s First Budget

  • Finance Minister: R.K. Shanmukham Chetty.
  • India’s first finance minister Presented: November 26, 1947
  • The Budget Decision: Well, the decision to present a budget itself, since it covered just 7-1/2 months, from August 15, 1947, to March 31, 1948

1951: The first Budget of the Republic of India

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Union Budget 2015: An Overview


The Union Finance Minister Arun Jaitley presented his first full-fledged Budget of Prime Minister Narendra Modi’s government on February 28, 2015. The Union Budget suggested that States must be equal partners in economic growth, a move is must for making India cashless society and social sector programmes must be continued. Some of the challenges are to be met i.e. poor agricultural income, decline in manufacturing and the need for fiscal discipline. By doing this there will be a boost in investment and ordinary people get benefit.

Sector-wise highlights of Union Budget 2015

TAX BENEFITS FOR INDIVIDUAL BELOW 60 YEARS

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