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Budget Changes Notifications

India New Budget 2014 - 15

Key to Budget[English]
Budget Highlights

Budget Highlights 
(In PDF)
[English
Budget Speech[English
Budget at a Glance[English
Annual Financial Statement[English]
Finance Bill [English
Receipt Budget[English
Expenditure Budget[English
Implementation of Budget Announcements[English
The Macro Economic Framework Statement[English
The Medium Term Fiscal Policy Statement[English
The Fiscal Policy Strategy Statement[English]

  • Rs 1,200 crore additional assistance to N-E states to be released before end of the year

  • Rs 1,000 crore grant for Nirbhaya Fund will be non-lapsable; another Rs 1,000 crore to be given next fiscal
  • Rs 3,370 crore to transferred to 2.1 crore LPG users

  • Govt committed to Aadhaar-based LPG transfer but scheme on hold temporarily

  • Aadhaar is tool for empowerment

  • Non-plan expenditure to exceed by a small amount in 2013-14

  • 500 MW fast breeder test reactor in Kalpakkam to be ready shortly; 7 nuclear power reactors under construction

  • Plan expenditure will be Rs 5,55,322 crore in 2014-15, unchanged from last fiscal

  • Budgetary support to railways increased from Rs 26,000 crore to Rs 29,000 crore 2014-15

  • Rs 2,46,397 crore allocated for food, fertilizer and fuel subsidy

  • Food subsidy will be Rs 1,15,000 crore for implementation of National Food Security Act

  • Defence allocation increased by 10 per cent to Rs 2.24 lakh crore

  • Foreign exchange reserves up by $15 billion

  • Foodgrain production estimated at 263 million tons in 2013-14

  • Agriculture credit will cross $45 billion against $41 billion in 2012-13
  • 296 projects worth Rs 6,60,000 crore cleared by Cabinet Committee on Investment by end January 2014

  • Merchandise export to grow by 6.8% to $326 billion

  • 3 more industrial corridors — Chennai-Bangalore, Bangalore-Mumbai, Amritsar-Kolkata — under various stages of implementation

  • GDP growth rate in Q3 and Q4 of 2013-14 will be at least 5.2%

  • Declining fiscal deficit, moderation of CAD, stable exchange rate and increase in project implementation result of hard work

  • Power capacity rises to 234,600 MW in 10 years

  • Expenditure on education has risen from Rs 10,145 crore 10 years ago to Rs 79,251 crore this year

  • Sugar decontrol, gradual correction of diesel prices, application for new bank licenses, sick electricity distribution companies restructured

  • Average growth under UPA's ten year rule was 6.2 per cent against 5.9 during NDA period of 1999-2004

  • Average growth under UPA-I was 8.4 per cent and UPA-II 6.6 per cent

  • PSUs to achieve record capex of Rs 2,57,645 crore in 2013-14

  • 500 MW fast breeder nuclear reaction in Kalpakkam to be ready shortly; 7 nuclear power reactors under construction

  • National Solar Mission to undertake 4 ultra mega solar power projects in 2014-15

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What is New?

Date: 29-11-2022
No.98 /2022-Customs (N.T.)
Amendment of notification no. 47/2022–Customs (N.T.), dated the 31st May, 2022

Date: 29-11-2022
NOTIFICATION No. 99/2022-Customs (N.T.)
Amendment of notification number 48/2022-Customs (N.T.) dated the 31st May, 2022

Date: 25-11-2022
NOTIFICATION No. 61/2022-Customs
Seeks to amend certain specific FTA/PTA notifications.

Date: 23-11-2022
NOTIFICATIONNo. 23/2022 – Central Tax
Seeks to empower the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.

Date: 23-11-2022
NOTIFICATION No. 24/2022 – Central Tax
Seeks to make fourth amendment (2022) to CGST Rules with effect from 01.12.2022.

Date: 18-11-2022
Notification No. 58/2022-Customs
Seeks to amend Notification No. 27/2011- Customs, dated the 1st March, 2011 in order to withdrawal export duty on iron ore & steel products.

Date: 18-11-2022
Notification No. 59/2022-Customs
Seeks to amend Notification No. 50/2017-Customs, dated the 30th June, 2017 in order to withdrawal BCD exemption on Anthracite and PCI Coal, Coke & Semi coke and ferronickel.

Date: 18-11-2022
Notification No. 60/2022-Customs
Seeks to amend Notification 11/2021-Customs, dated the 1st February, 2021 in order to withdrawal AIDC exemption on Anthracite ,PCI Coal and Coking Coal.

Date: 17-11-2022
Notification No. 97 /2022 - Customs (N.T.)
Seeks to giv exemption from BCD for the motor car if imported by the Governor of the state .

Date: 17-11-2022
Notification No. 57/2022-Customs
Seeks to giv exemption from BCD for the motor car if imported by the Governor of the state .



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