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: form 3cd :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: VAT Audit :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: due date for vat payment :: TDS :: ACCOUNTING STANDARD :: empanelment :: cpt
 
 
Budget Extravaganza »
 GST all set for July 1 rollout but casts shadow on state budgets
 Income-Tax collection revised in Rajasthan budget
 No new taxes likely in Maharashtra Budget
 H.P. budget devoid of any financial prudence
 GST, demonetisation todecide budget priorities
 Railways to come up with mini-budget tomorrow
 Budget today, but GST kills the tax suspense
 Budget 2017 does little to expand taxpayer base, salaried still bear brunt of taxes
 Six things Finance Minister did not tell you in Budget 2017
 Budget 2017 and its place in history
 Tax Dept need not reveal reason for raid even to Appellate Tribunal, proposes Budget 2017

Detail impacts of extra-budgetary spends
January, 08th 2010

The Finance Ministry today asked the Central ministries and departments to submit details of their extra-expenditure over and above their budgetary allocations in their outcome budgets for 2010-11.

An outcome budget indicates the physical targets met during the year.

"It would be desirable, if the ministries/departments may include a chapter in the outcome budget detailing the extra-budgetary measures and their impacts," the Department of Expenditure said in an office memorandum today.

It also asked the ministries and departments to assess the impacts of the revenues foregone to promote certain policy objectives.

"The outcomes reflect the ultimate aims of government policies through budgetary support, tax exemption/concessions and preferential treatment in procurement of goods and services.

"The revenue foregone in promotion of certain policy objectives is defined as tax expenditures and it would be useful if the impacts of these implicit expenditures are also assessed," the DoE said in its guidelines for preparation of the outcome budget 2010-11.

The department also asked even those ministries and departments exempted from preparing the outcome budget to carry out this exercise for internal use and voluntarily decide to place it in public domain, fully or partially.

The Defence Ministry, Indian Audit and Accounts Department, the Cabinet Secretariat, Election Commission, Supreme Court, Parliamentary Affairs Ministry etc, are exempted from the outcome budget, according to the memorandum.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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