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 :: due date for vat payment :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: ACCOUNTING STANDARD :: form 3cd :: ACCOUNTING STANDARDS :: cpt :: articles on VAT and GST in India :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« Budget Extravaganza »
 With demonetisation inducing tax compliance will PM Modi cut tax rates in Budget 2017?
 State plan budget utilisation in Odisha
 Maharashtra wants budget advanced to February
 Coastal economic zones may get 10-year tax exemption in next Budget
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget
 Cabinet’s formal nod to be sought for Budget on Feb. 1

Rs. 4,430 cr. budget estimate
March, 26th 2010

The Union Territory's annual budget for 2010-11 has been estimated at Rs 4,430 crore, which included a Plan outlay of Rs 2,500 crore, non-Plan provision of Rs. 1,906.50 crore and Rs. 23.50 crore for Centrally-sponsored scheme.

Tax free

Presenting a tax-free budget in the Assembly on Thursday, Chief Minister V. Vaithilingam said as in the previous year, 60 per cent of the annual plan outlay for the next fiscal was earmarked for the social sector, including 16.19 per cent for the Scheduled Castes sub-plan and an outlay of 47 per cent for women empowerment.

Stressing the need for internal resource mobilisation for funding plan and non-plan schemes, he said as against the actual revenue realisation of Rs. 1,354 crore in 2008-09, the government anticipated an increase in mobilisation to the extent of Rs.1,500 crore during the current financial year by way of better recovery, follow-up and collecting past arrears.

Stating that the provision made under non-plan for 2010-11 was Rs. 1,906 crore, he said the Centre had sanctioned a non-plan gap grant of Rs. 493 crore and a non-plan loan amount of Rs. 72 crore.

In addition, Rs.190 crore would accrue as CST reimbursement for financing non-plan budget for the next financial year.

The remaining amount of Rs. 1,151.50 crore has to be met through internal resources, Mr Vaithilingam said.

Colour TV sets

Making clear his administration's resolve to fulfil all commitments made in the past, he said colour television sets would be provided to the beneficiaries in the coming financial year and in a short period government servants and pensioners would be given 30 per cent of the arrears as recommended by the Sixth Pay Commission.

In order to promote employment opportunities, the government would fill all vacant posts, including promotional posts. To address the grievances of pensioners, a separate cell in the Directorate of Accounts and Treasuries would be established, the Chief Minister said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

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