October 24, 2026 03:41 am (IST)
Follow us:
Jaitley to present Delhi Budget tomorrow
New Delhi, July 17 (IBNS): Union Finance Minister Arun Jaitley will present the Budget for NCT of Delhi for the financial year 2014-15 in Parliament on Friday.
As Delhi Assembly is kept under suspended animation and the President Rule is in force, the Budget is being presented by the Union Finance Minister.
Aiming to take the growth of Indian economy to over 7 percent in next few years and reducing fiscal deficit, Union Finance Minister Arun Jaitley on July 10 presented the Budget for 2014-15, the maiden of the Narendra Modi government, with a big focus on the rural and agriculture sectors and announcing a clutch of infrastructure schemes and measures to woo foreign investors by welcoming FDI in defence and insurance sectors.
Jaitley also raised the income tax limit for the common man to Rs 2.5 lakh from the existing Rs 2 lakh and did not make any changes in the direct taxes.
Jaitley announced an increase in the FDI in defence to 49% from the existing 26%. FDI in Insurance sector was also raised to 49 percent.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
China border face-offs continue in Arunachal, MEA says situation disrupted by patrolling deviations
Fri, Oct 23 2026
DK Shivakumar alleges sting attempt using Meta smart glasses, says Kerala CM was also targeted
Fri, Oct 23 2026
‘We are a rich nation!’: iPhone Duo sells out on Blinkit in India in just 5 minutes
Fri, Oct 23 2026
Bomb threat email names Amitabh Bachchan’s Jalsa bungalow, Diljit Dosanjh’s concert venue: Reports
Fri, Oct 23 2026
‘Pen, not stones and guns’: RSS-linked group opens its first office in Kashmir Valley under Muslim leader
Fri, Oct 23 2026
Kashmir's connectivity revolution: Railways, mega tunnels, airport expansion reshape the region's economic landscape
Fri, Oct 23 2026
‘Face-offs still continue’: ITBP chief reveals fresh India-China border tensions in Arunachal
Fri, Oct 23 2026
ECI rift deepens: RTI reveals 2 Election Commissioners complained to Cabinet Secretary over senior official's order
Fri, Oct 23 2026