Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on friday. Government doubles allocation for taxfree bonds to 60000 crores rupees for financing infrastructure projects in 2012. Fiscal deficit for 2012 pegged at rs 5,590 crore, which is 5. Union budget 2019 highlights pdf download gr8ambitionz. Highlights of union budget 2012 union budget 2012 at a glance. This is modi governments 6th union budget and 1st interim budget. The following are the union budget 201415 highlights. To boost infrastructure development with taxfree bonds of 300 billion rupees. Create conditions for rapid revival of high growth in private investment. The increase will be by 2 paise per km for suburban and ordinary second class. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax.
Fy 2012 adopted budget and multiyear capital plan selected item highlights and details dollars in thousands line item highlights actual actual budget actual budget fy 0910 fy 1011 fy 1112 fy 1112 fy 12 advertising 0 0 0 0 0 fuel 0 0 0 0 0 overtime 0 1 0 0 0 rent 0 0 0 0 0 security services 0 0 0 0 0. Mar 30, 2012 indias gdp growth in 2012 expected to be 7. It is estimated that almost 90% of properties will be subject to no rates in the year. Union budget 2012 highlights ias exam portal india. Kalangathu kanda vinaikkan thulangkathu thookkang kadinthu. The city university of new york cuny has its origins in the free academy, established in 1847 under the auspices of the new york city board of education, and today is the nations largest urban public university system. The union budget 2012 presented by the finance minister. State tax receipts are projected to grow by 29 percent in 2012.
While the 201112 budget approved trigger cuts as a check against overly optimistic revenue. My proposed budget for fiscal year 2012 reflects an unwavering. John tsang chun wah, jp, delivered the 2012 budget speech. To access a portable document format pdf file you must have a pdf reader installed. Brisbane regional budget statement queensland state. Economic survey performs an analysis of last financial year, lays down objectives for next financial year, finds the challenges and concerns, suggests the solutions that can be taken and forecasts the economic situation of next year.
Mar 16, 2012 for 2012 , 25,555 crore provided for rtessa representing an increase of 21. Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters. Following are the highlights of the union budget 201819. Budget 2012 highlights business news times of india. Highlights of budget 201220 individuals the maximum marginal rate for natural persons remains at 40% and is reached where taxable income exceeds r617 000 previously r580 000 the minimum rate of tax remains at 18% on taxable income not exceeding r160 000 previously r150 000. New concepts of effective revenue deficit and medium term expenditure. Performance based budgeting and technological efficiencies. Major highlights of union budget 2012 , indian new budget 2012, budget highlights 2012 20, budget features, budget news, budget notifications, major changes in budget 2012 , budget documents, 2012 budget, budget speech, india budget 2012 20.
The union budget 2012 has no bigbang reforms unlike the much. The piechart below summarizes the categories of expenditures in the 2012 adopted budget. Mar 16, 2012 financial highlights of budget 2012 12. Govt doubles allocation for taxfree bonds to rs60,000 crore for financing infrastructure. Subsidies and fdisubsidies efforts to keep central subsidies under 2% of gdp in 2012. Budget highlights the delhi government proposes to spend a total of rs 33,436 crore in 2012, a 24 percent increase from 201112. Major highlights of union budget 2012, indian new budget 2012, budget highlights 201220, budget features, budget news, budget notifications, major changes in budget 2012, budget documents, 2012 budget, budget speech, india budget 201220. To boost infrastructure development with tax free bonds of 300 billion rupees. To help tackle youth unemployment, a wage subsidy for young people. Union budget 2012 india presentation linkedin slideshare. Free drug service and free diagnosis service to achieve.
Budget speech 2012, budget highlights 2012, budget 2012, india budget 2012, budget speech, new india budget, india new budget, budget 2012 india, union. Highlights of union budget 2012 union budget 2012 at a glance 1 five objectives of budget for fiscal year 2012. Download pdf file for highlights of union budget 2012 1 five objectives of budget for fiscal year 2012. Budget 2012 highlights fiscal discipline for a stable economy.
Receipts in 2012 total revenue receipts are estimated to be rs. Direct proposals to give in net revenue loss of rs. Budget 2012 highlights fiscal discipline for a stable. However, this rate is not sufficient to make a meaningful dent on poverty and create required jobs given the current unemployment rate. National government net loan debt is projected to rise from r526 billion at the end of 200809 to r1. This would take tax receipts to rs 26,150 crore in 2012 from rs 20,246 crore in 201112. The policy measures such as the doubling of the allocation for tax free bonds to rs. A repetition of prior years pathway earlier today, the financial secretary of the hksar government, mr. Ahead of the presentation, prime minister manmohan singh and senior cabinet colleagues had cleared the proposals in a short meeting inside parliament house. The ministry of minority affairs has got an outlay of rs. Highlights of the 2012 budget theme infrastructural development for accelerated growth and job creation page 5 target by 8. For 2012, 25,555 crore provided for rtessa representing an increase of 21.
Highlights of the 2012 budget home ministry of finance. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. Highlights of budget 2012 3 during financial year 2012 is lower than the re 201112, mainly due to expected decrease in production of oil and gas in punjab. The tax free portion of interest income remains at r22 800 for taxpayers under 65 years, and remains at r33 000 for persons. Highlights of the revenue proposals in the 2012 budget. Jul 10, 2014 the following are the union budget 201415 highlights. The universitys mission is to provide affordable higher education with a focus on the urban community of new york city. The 201112 approved budget includes the appropriation adjustment request approved in september 2011 for the rate increase that became effective october 1, 2011. In november 2011 cabinet approved for consultation parking fees and charges 2012 and a separate report fees and charges 2012.
It is also evertons 114th season of league football and 116th season in all competitions. Special scheme for free dialysis of poor have been initiated. Highlights of budget 2012 page 1 dividend withholding tax dwt page 4. Download pdf version of union budget 2019 highlights from here. Fy2012 budget summary city administrative officer city of. Budget highlights are aligned to the governments territory 2030 strategic plan action areas. On 1 june 2012, evertons first preseason friendly fixtures were announced. Highlights of the revenue proposals in the 2012 budget relevant to aat examination paper 5 principles of taxation dr dora lee introduction on 1 february 2012, the financial secretary, john tsang chunwah, made his fifth budget speech, this one for the financial year 2012. The council has been making a concerted effort to reduce its reliance on investment income. Union budget 2012 highlights ias exam portal indias. Ipswich regional budget statement queensland state. Having finished in seventh position in the domestic league in the previous season, everton missed out on competing in any european competitions for the.
If you do not already have such a reader, there are numerous pdf readers available for free download or for purchase on the internet. The issues are organised to align with the governments territory 2030 strategic plan action areas. The social services sectors receive the highest priority in terms of budgetary. The key to economic opportunity is a low tax environment. Address supply bottlenecks in agriculture, energy and transport sectors. Employees in the engineersarchitects and the engineering technicians and technical.
Budget 2012 introduces new relief for firsttime buyers of newly built homes giving consumers a break while supporting the newhome construction sector. Budget highlights the delhi government proposes to spend a total of rs 33,436 crore in 2012 , a 24 percent increase from 201112. Amendment to the frbm act proposed as part of finance bill. The budget assumes that the total income from the charges set out in these reports will be achieved. In financial year 2012, total financial outlay of the government has been estimated at rs. Free drug service and free diagnosis service to achieve health for all. For the most part these are increases generated by such things as. The budget will be financed from 94% of our own resources and 6% as grant from centre. Budget speech 2012 , budget highlights 2012 , budget 2012 , india budget 2012 , budget speech, new india budget, india new budget, budget 2012 india, union.
Delhi to be made a kerosine free city and government to. Highlights of railway budget 2012 countdown for upsc to announce date for prelims 2020 passenger fares increased marginally. Budget surpluses have been achieved in each of the past three years. Indian general budget 2012, central budget 2012, indian. For the second year in a row, the approved budget relies on midyear trigger cuts to make the plan financeable if revenues fail to meet estimates. This would take tax receipts to rs 26,150 crore in. Highlights union budget 2018 2019 with pdf download. Highlights of union budget 20112012 times of india.
The 2012 budget puts pennsylvania on a path to prosperity by aligning co. Brisbane regional budget statement queensland state budget. Comprehensive measures have been released to stabilize and. Revised estimates re of the expenditure in 2012 at 96 per cent of the budget estimates be due to slowdown and austerity measures. Overall budget proposal budget adopted for the 201112 school year budget proposed for the 2012 school year contingency budget for the.
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