Live: Union Budget 2015-16

India TV Business Desk

Published: Feb 28, 2015, 10:42 AM IST,Updated: Feb 28, 2015, 12:44 PM IST

Defence allocation for this fiscal is Rs 2,46,727 CroreNew Delhi: Presenting the Union Budget for the fiscal 2015-16, Finance Minister Arun Jaitley on Saturday said the state of the country's economy was better placed today

No changes in income tax slabs
Budget Estimates of Expenditure: 17 .77 lakh cr, of which Non Plan is 13.12 lakh cr, and Plan is 4.65 lakh crores
Direct Tax collection is going to be Rs 14.49 lakh crore rupees
Corporate Tax reduced from 30% to 25% for next four years for employment generation
A regime of exemptions have led to loss of revenue,propose to reduce rate of corporate tax from 30 pc to 25 pc: Jaitley
GST is expected to play a transformation role in Indian economy, we are moving on various fronts on GST from next year: Jaitley
We need to revive growth & investment to ensure more jobs are created for our youth: Jaitley
It has been our endeavour in last 9 months to foster a stable taxation policy: Jaitley
Taxation is an instrument of social economic engineering: Jaitley
Unplanned expenditure for 2015-16 is estimated at 13 lakh 12 thousand and 200 crores
Exclusive Commercial Division to attend commercial disputes at various High courts
Make In India policy for self sufficiency in defense sector with an allocation 2.46 lakh crores
Renewable energy target will be increased to 1,75,000 MW

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Union Budget Budget 2015 Arun Jaitley Narendra Modi