Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: due date for vat payment :: empanelment :: form 3cd :: Central Excise rule to resale the machines to a new company :: TDS :: cpt
 
 
« Budget Extravaganza »
 Are you expecting good tax breaks in Budget 2017? Think again
 Budget 2017: Home insurance premium should get income tax exemption
 Demonetisation may be the trigger for any increase in service tax rate this budget
 10 things Arun Jaitley can do to make it a Budget for the middle class
 How budget 2017 can ease pain of demonetisation via income tax sops
 Budget 2017: Do we expect an overhaul of personal income tax rates and slabs?
 All eyes on Budget 2017 proposals on capital gains tax
 Budget-2017 And Gst Expectations
 Income Tax Appellate Tribunal, Kolkata Benches Kolkata Constitution of kolkata Benches for One Week From 16.01.2017 To 19/01/2017
 What’s the big deal if budget presented on Feb 1, which law violated? SC asks PIL petitioner
 What aam aadmi wants from Budget 2017

BEST will present new budget estimates on Tuesday
October, 08th 2012

The BEST will present its budget estimates for the next financial year on Tuesday. The loss-making transport body, which also supplies electricity to 10 lakh consumers in island city, has taken up several measures to ensure that it comes out of the red.

It has been incurring huge losses over the past ten years. "But recently the bus tickets were hiked between 30 and 50 %. The power tariff was also increased subsequently. We expect to break even in one to two years," a senior BEST official said.

The new budget estimates will be presented at the committee meeting at Electric House in Colaba on Tuesday morning and the panel members from ruling Shiv Sena , BJP and the opposition parties such as Congress will take part in budget discussions during the last week of October.

The budget will then be presented before the House in BMC for approval. Sources said that the BEST has cut down on costs and explored new avenues to make more profits for the undertaking. It also plans to gradually phase out the present AC Cerita buses and replace them with Volvos in near future.

"The existing AC buses are a huge liability for the transport undertaking and we have spent lakhs of rupees maintaining them. If we phase them out and bring in brand new buses, we will save crores in the next few years,"l said MNS committee member Kedar Hombalkar. He also suggested that BEST can cut down on expenditure at the headquarters in Electric House, reduce office space and lease out to private firms to earn more revenue.

"In case of advertising on our buses, why do we give the contract to a private firm? We can ourselves sell the space and earn huge revenue," he added. Congress committee member Ravi Raja said, "We need to keep a check on power thefts and electricity distribution losses." Another committee member said that the undertaking can save money spent on lighting the depots by switching to power saving devices.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions