Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: form 3cd :: TDS :: due date for vat payment :: cpt :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: empanelment :: Central Excise rule to resale the machines to a new company :: VAT Audit
Budget Extravaganza »
 Seeks to amend certain customs notifications in pursuance to change made in Budget 2017-18.
 New look finance ministry team to frame contours of Budget 2018
 How presenting the Budget early seems to be paying off already
 Budget advancement helps Centre, states start spending early
 Five things that you can expect from the Mumbai civic budget today
 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

Deficit budget of Rs 3 crore
March, 11th 2010

The academic council of Mangalore University on Wednesday adopted a deficit budget of Rs 3.78 crore for 2010-11.

The university's anticipated receipt for the next fiscal is Rs 94.80 crore, while its expenses are estimated at Rs 98.58 crore leaving it with a deficit. The budget has been prepared in anticipation of the university receiving grants from both the state and Centre, especially for its planned expenditure.

Presenting the budget, finance officer B Kuppuralingaigh said in case the university does not get the anticipated grants, it would have to resort to cuts in administrative expenses and take up listed development works strictly on a priority basis. In addition to this, the university might have to drop new development plans, he said, adding that the budget has already received approval from the finance committee and the syndicate.

The finance officer said the university has kept a strict check on its spending, especially given that it is on the rise with each passing year.

The purchase committee set up by the university goes through all purchase proposals in a detailed and transparent manner and has managed to cut down on several exorbitant purchases. This has vastly helped the university reduce its administrative expenses to a great deal, Kuppuralingaiah explained.

Observing that university incurs a majority of its expenses on maintenance and creation of infrastructure, and purchase of equipment, he said it has submitted a proposal for Rs 14.03 crore to the government for the same. The budget proposals includes various development projects worth Rs 13.23 crore taken up in anticipation of receipt of special grants from the state government during 2010-11 for the development works, he added.

The major projects proposed in 2010-11 include setting up a post-graduate centre at Kushalnagar, setting up study centres, auditorium, and mini-seminar hall, all on the university campus, construction of an welcome arch, hostel for foreign students as well as women's hostel for the FMKMC College, Madikeri. T C Shivashankara Murthy, V-C assured that student's activities and development would not be hit for lack of funds.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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