Budget 2015

Presented by :

Anuvav Mishra

and

Introduction

Key Achievements
:
Financial Inclusion
- 12.5 crores families financially mainstreame

Major Challenges Ahead

Five major challenges:

Pre-Budget Sentiments A brief

Lot of expectation from the budget.

Expectations At a glance
Lower Rate of MAT for MSMEs and SEZs

Expectation At a glance
Housing :

Real - Estate

Policy Reforms What do they expect ?

Indirect Tax What do they expect ?

Foreign Investors What do they expect ?

Personal Taxation What do they expect ?

Real-Estate Sector What do they expect ?

Tax Rates What do they expect ?

Top 7 Expectation - KPMG

Budget Talks Arun Jaitley

Funding
Monetizing
GoodIndia
Agriculture
From
Financial
Infrastructure
Safe
Investment
Green
Tourism
Skill
Digital
TAX
India
PROPOSALS
Governance
Jan
India
India
the
Markets
Dhan
Gold
Unfunded
to Jan Suraksha

Budget at a glance - Financials

Green India

A balance between taxing pollution and

the price of power

Clean Energy cess from Rs.100 to Rs.200 per me

New scheme

Skill India

It's not how much, but how will skill and

education mission work

Emphasis on education and employability

Digital India IT Projects

Digital profile of India is very skewed today.
It's confined to a few cities.

National Optical Fibre Network Programme (NOFNP) 7.5

Make in India

Goal to achieve self-sufficiency in all fields

and improving GDP

Self sufficiency

Required Reforms

Jan Dhan to Jan Suraksha

Indias population is without insurance of
any kind - health, accidental or life

Pradhan Mantri Suraksha Bima Yojana

Agriculture Sector

An ambitious Soil
Health Card Scheme

Positives

Negatives

Direct Taxes & Regulatory

A robust taxation regime

Contribution to National Pension Scheme increased to INR 150,0

Reforms :

Personal Taxes
Positives :

Negatives :

Implementation of these plans

holds the key.

Indirect Taxes

A mixed response and lot of

apprehension

Swachh Bharat Cess @ 2% on the value of taxable services

Negatives

Taxation
Abolition of Wealth Tax.

Aerospace & Defence

limited but very effective provisions
that will promote indigenization

Acquisition of technology self-sufficiency in defence

Disinvestment

Rs 69,500 crore fromdisinvestment and strategic sale in state-ow

Pharmaceuticals & Healthcare

Health Insurance
Growth
of the health
as an
Insurance
alternative
sector
to ESI
andcontribution
coverage will prom

Banking & Capital Markets

Banking
:

Operatonalize the International Financial Services Cen

Non-banking Finance Companies :

Capital Markets :

Infrastructure & Realestate

Positives

Rural Sector
Housing for all by 2020 ( in
crore)

Positives

Negatives

Education Sector
Positives

Negatives

Telecom Sector
Positives

Negatives

Automobile Sector
Positives

Negatives

FIIs/FPIs
Distinction between FDIs and FPIs to be done away with

Mutual Funds
Increase in
surcharge from
10% to 12% &
Education cess
@ 3%

Transfer of units (where held as a capital asset) under a consoli

Private
Equity
&
VCs
Foreign investments allowed in Alternative Investment Funds (AIF

Domestic AIFs

Insurance
Pradhan Mantri Suraksha Bima Yojana

Deduction limit for any amount paid under an annuity plan of an

Entertainment & Media

Target GDP growth 8-8.5%

Manufacturing

A growth oriented budget that encourages investment generat

The Big Highlight

Acceptance

of micro-economic
strategic recommendation that
very sharp increases in public
expenditure should be the order
of the day
Individual taxpayer can get
benefits up to Rs. 4,44,200
Net impact of tax proposals Rs.
15,068 crore
GST to be put in place by April 1,

Sensex Fluctuation
Lot of volatility in the stock markets

Rose early - bright picture of India's prospects

Social Media
Although it was not
really the Big Bang
budget that many
hoped
for,
he
managed to get
more
bouquets
than brickbats for
showering benefits
on senior citizens
(through
a
noteworthy corpus
fund),
on
aam
aadmi (increase in
deductions on tax
savings) as well as
industry (a tax cut
of five per cent)

Budget - Trending
Will help ease in doing
business
Not much for common man
"The announcement that the much
awaited GST will be introduced on 1st
April 2016, will definitely rejuvenate the
industry," Sachin Menon, COO - Tax &
Head of Indirect Tax, KPMG India told
Financial Express.

Om Sarve Bhavantu Sukhinah

Sarve Santu Nir-Aamayaah
Sarve Bhadraanni Pashyantu
Maa Kashcid-Duhkha-BhaagBhavet
Om Shaantih Shaantih Shaantih

Thank You