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Presented by
Prakash ranjan
BUDGET 2015
Presented by
Prakash ranjan
TOPIC
INTRODUCTION
• India’s budget for FY 2015-16 creates important
opportunities for foreign investors through small but
meaningful reforms the budget was announced on 28
th feb 2015 by India’s FM Arun jaitley.
• The budget proposal seek to improve India’s business
and investment environment by improving easy of
doing business in the country.
• Credibility of Indian economy has been re-established
of new government. Indian economy about to take-off
on a fast growth forecasts have upgraded Indian
economic while downgrading global economic growth.
MAKE IN INDIA
Expenses on defence during 2011 -2014
 Indian manufacturers -53%
 Foreign manufactures -46%
53%
46%
expenses
indian
foregin
Expenses on defence from GDP
1.80%
2%
3.80%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
India China America
GDP
GDP
FORECAST GROWTH OF GDP
7.40%
8.50%
10%
0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00%
2014-15
2015-16
FUTURE
GDP
GDP
IMPACT ON INFRASTRUCTURE
• Rs. 70,000 cr to Infrastructure sector.
• Tax-free bonds for projects in rail road and irrigation
• PPP model for infrastructure development to be
revitalised and govt. to bear majority of the risk.
• Atal Innovation Mission to be established to draw
on expertise of entrepreneurs, and researchers to
foster scientific innovations; allocation of Rs. 150 cr.
• Govt. proposes to set up 5 ultra mega power
projects, each of 4000MW.
• SETU to be established as techno-financial
incubation and facilitation to support all aspects of
start-up business .
IMPACT ON MAKE IN INDIA
• Reduction of customs duty on 22 items
• Cutback in taxes for technical services from 25
per cent to 10 per cent
• Reduction in corporate tax from 30 per cent to 25
per cent and tax breaks and other incentives for
several sectors etc.
• Rationalising the tax regime.
• To allocate Rs.34,699 cr, under the rural job
scheme.
KEY FOCUS AREAS
• Efficiency and productivity
• Zero defect and zero effect
• Skilled development
• Digitalisation
CONCLUSION
It is no secret that expectations of this Budget have
been high. People who urge to undertake Big Bang
Reforms, also say that the Indian economy is a giant
super tanker, or an elephant. An elephant moves slowly
but surely. Even the worst critics would admit that they
have moved rapidly.
In this speech, I think I have clearly outlined not
only what Indian government are going to do
immediately, but also a roadmap for the future .
Government have been consistent in what they have
said, and what they are doing. They are committed, to
achieving what they have been voted to power for:
Change, growth, jobs and genuine, effective upliftment
of the poor and the under-privileged.
THANK YOU

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Budget

  • 1. Presented by Prakash ranjan BUDGET 2015 Presented by Prakash ranjan
  • 3. INTRODUCTION • India’s budget for FY 2015-16 creates important opportunities for foreign investors through small but meaningful reforms the budget was announced on 28 th feb 2015 by India’s FM Arun jaitley. • The budget proposal seek to improve India’s business and investment environment by improving easy of doing business in the country. • Credibility of Indian economy has been re-established of new government. Indian economy about to take-off on a fast growth forecasts have upgraded Indian economic while downgrading global economic growth.
  • 4. MAKE IN INDIA Expenses on defence during 2011 -2014  Indian manufacturers -53%  Foreign manufactures -46% 53% 46% expenses indian foregin
  • 5. Expenses on defence from GDP 1.80% 2% 3.80% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% India China America GDP GDP
  • 6. FORECAST GROWTH OF GDP 7.40% 8.50% 10% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 2014-15 2015-16 FUTURE GDP GDP
  • 7. IMPACT ON INFRASTRUCTURE • Rs. 70,000 cr to Infrastructure sector. • Tax-free bonds for projects in rail road and irrigation • PPP model for infrastructure development to be revitalised and govt. to bear majority of the risk. • Atal Innovation Mission to be established to draw on expertise of entrepreneurs, and researchers to foster scientific innovations; allocation of Rs. 150 cr. • Govt. proposes to set up 5 ultra mega power projects, each of 4000MW. • SETU to be established as techno-financial incubation and facilitation to support all aspects of start-up business .
  • 8. IMPACT ON MAKE IN INDIA • Reduction of customs duty on 22 items • Cutback in taxes for technical services from 25 per cent to 10 per cent • Reduction in corporate tax from 30 per cent to 25 per cent and tax breaks and other incentives for several sectors etc. • Rationalising the tax regime. • To allocate Rs.34,699 cr, under the rural job scheme.
  • 9.
  • 10. KEY FOCUS AREAS • Efficiency and productivity • Zero defect and zero effect • Skilled development • Digitalisation
  • 11. CONCLUSION It is no secret that expectations of this Budget have been high. People who urge to undertake Big Bang Reforms, also say that the Indian economy is a giant super tanker, or an elephant. An elephant moves slowly but surely. Even the worst critics would admit that they have moved rapidly. In this speech, I think I have clearly outlined not only what Indian government are going to do immediately, but also a roadmap for the future . Government have been consistent in what they have said, and what they are doing. They are committed, to achieving what they have been voted to power for: Change, growth, jobs and genuine, effective upliftment of the poor and the under-privileged.