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: TDS :: cpt :: form 3cd :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: VAT Audit :: empanelment :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company
 
 
General »
 Shah gets notices over civic tax dues
 Tax revenue down in first six months after prohibition
 Post demonetisation, Income Tax department sends 30 cases of irregularities to Enforcement Directorate, CBI
 Don’t rush into a new tax without being prepared
 Can’t tax income from palace rent: Supreme Court
  Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 Cases for tax scrutiny will be selected by machines
 Time to revisit 1997 direct tax rates, says P Chidambaram
 Lok Sabha passes Bill to tax black money deposits post demonetisation
 Last day to pay property tax with old notes
 Income tax department asks IDS declarants to pay tax by 30 November

PCMC standing committee asks for revised budget soon
November, 22nd 2010

The standing committee of the Pimpri-Chinchwad Municipal Corporation (PCMC) has asked the civic administration to prepare a revised  budget by the first week of December, which will be approved in next month's general body meeting.

"If a provision for a project in a ward is made in the annual budget, but the corporator concerned wants to implement another project in its place, then the money allocated for that project can be transferred to the new project through a revised budget," said Prashant Shitole, chairman of the standing committee.

According to Babu Nair, member of the standing committee, "The civic administration should present a revised budget for 2010-11 considering the additional octroi income in the past six months. The revised budget should contain revised expenditure, based on revised income."

At the standing committee meeting, Nair sought information about the pending bills that the PCMC has to pay contractors till March 31, 2011. Shitole said that, according to civic officials, outstanding bills of Rs 40 to Rs 50 crore were cleared by Diwali and there were no outstanding bills to be paid.

He added that the committee also sought information from the civic administration about pending projects and projects affected by the election code of conduct.

Shitole said, "Discussions were also held about the octroi income from gold. There are 450 jewellery shops in the municipal limits, but only 225 to 250 are members of the jewellers' association. The PCMC gets only Rs 15 lakh as octroi from the jewellers but we expect to get at least Rs 10 crore."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

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