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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Budget Extravaganza »
 How Union Budget 2018 impacts individual taxpayers
  How Budget 2018 will be different due to GST
 This is how Budget 2018 announcements may help you save tax
 Here's why the government advanced the Budget date
 Will Budget 2018 Reduce Your Income Tax? 10 Expectations
 How Budget 2018 will be different due to GST
 Will Budget 2018 cut tax on switch from dividend to growth option in mutual funds?
 Startup eco-system looks forward to the budget for addressing tax dilemma
 High time to prioritise non-tax revenue in the Budget
 Govt may abolish dividend distribution tax in budget
 Budget making in the GST era: paradigm shift

Budget outlay to touch Rs 2,400 cr this year
January, 19th 2010

With an increase of 10 to 15 per cent, the 2010-11 financial year budget is likely to cross Rs 2,400 crore for the first time in the history of Surat Municipal Corporation (SMC). The municipal commissioner will table the proposal for general public on Tuesday.

Not only due to the whopping monetary targets, but this will be a landmark budget for the civic body in many other ways. For, it will make provisions for rainwater harvesting and urban forestry for the first time, indicating the seriousness of SMC in taking up issues related to global warming.

With Sixth Pay Commission implementations taking full effect and priority being given to infrastructure for areas that have been joined into the city in the last 2.5 years, the ruling party will be asking for a sharp spike in its budget outlay in the last year of its present rule. As the priority is water, drainage, roads, health and light in new city areas, the budget setters may take a cue from Ahmedabad and suggest increase in property tax and user charge.

Sources in SMC also said that emphasis will be given on completion of existing projects and sufficient allocations are being made for projects like Bus Rapid Transit System (BRTS), rubber barrage and cable bridge projects.

A source also said that this year SMC will concentrate on urban transport, environment-friendliness and infrastructure projects.

Standing committee chairman Mukesh Dalal said, "Let the municipal commissioner come out with a proposal, we are there to discuss and suggest our amendments."

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

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