The document summarizes key points from India's 2015 union budget and rail budget. The union budget aimed for 8% GDP growth, promoted "Make in India," and increased infrastructure investment. It also eased business regulations and focused on clean energy. The rail budget prioritized safety, technology adoption, and becoming more disabled-friendly. While the budgets aimed to boost growth, some criticized its lack of education funding and failure to lower income tax brackets. Overall, the budgets sought to promote investment and position India's economy for stronger performance.

1. INTERCEPTS OF BUDGET
2015
BY ARSHAD HIPPARGI MBA FINANCE
VISHWAKARMA INSTITUTE OF
MANAGEMENT PUNE

2. Very basic introduction
 the budget is divided into two parts in
revenue and capital budget.
 the budget should be balanced as it supports
growth by boosting capital, manages fiscal
consolidation with the aim to provide quality
spending.

3. FOLLOWING POINTS IDEAL BUDGET
SHOULD POSSES
 1 PROSPERIY OF BUSINESS (ENSURING)
 2 CONTINUINGTHEWELLTRIED POLICY OF
THE OLD GOVERNMENT
 3 ELIMINATINGTHEFT
 4 STRICT CONTROLS OVER GOVERNMENT
EMPLOYEES
 5 INCREASING AGRI-OUTPUT

4.  6 PROMOTINGTRADE(BOTH
INTERREGIONAL AND INTERNATIONAL)
 7 AVOIDINGTROUBLE AND NATURAL
CALAMITIES(KEEPING ASIDE A PREMIUM
AMOUNT)
 8 REDUCINGTAX EXCEMPTIONS
 9 INCREASING CASH INCOME(CREATING
INCOME SOURCES)

5. UNION BUDGET 2015-16
 1 NOT BIG BANG (GROWTH ORIENTED)
 2 GDP GROWTHTARGETED AT 8%
 3 MAKE IN INDIA PUSH
 4 CHANCES FOR RBI FOR RATE CUTS
 5 ALL ROUND INFRA – (INVESTMENT IN
INFRASTRUCTURE)
 6 EASE OF INVESTMENT

6.  7 THRUST ON PENALTIES
 8 WEALTHTAX REPLACED
 9 CUT IN CORPORATE
 10 EASE OF CONTRIBUTIONTO CLEAN GANGA AND
SWACH BHARAT
 11 MOVESTOWARD CLEAN ENERGY
 12 RURAL GROWTH : AROUND 35THOUSAND CRORE
HAVE BEEN ALLOCATED

7. RAIL BUDGET OF SURESH
PRABHU!
 1 DEPOLITIZATION (NO NEWTRAINS)
 2 GREATER ADOPTION OFTECHNOLOGY
 3 LARGER FOCUS ON SAFETY
 4 SPEED AND EFICIENCY
 5 GO GREEN: USE SOLAR ENERGY
 6 DISABLED FRENDLY ETC

8. FLIPSIDE OF UNION BUDGET
2015
 1 GOLD PRICE UP
 2 SERVICETAX UP
 3 NO CHANGE IN (IT) BRACKETS
 4 NOT ENOUGH INVESTMENT IN EDUCATION
 5 FISCAL DEFICITTARGET PUSHED

9. CONCLUSION
 planned outlay on railway budget (1 lakh
crore trillion sanctioned)
 for infra government will invest 20,000 cr
every year.
 GOVT tax income will rise from 15.8%; GDP
will grow at 11.5%
 state will be getting more funds
 the capital market boosters as FII and FDI are
merged

10.  GAAR also postponed till 2017 a good move to
boost investment
 the budget gives clarity to the investor for the first
time
 the economy is probably in the sweet spot!
 GST by 2016 can act as a game changer as the
psychology of investors regarding rigid tax policy of
INDIA will change
 various reforms of the current government which
includes monetary policy committee, bankruptcy
code, public debt management, and law on black
money can be assumed good!