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 to be tabled on Saturday
May, 28th 2010

Chairman of Nagpur Municipal Corporation standing committee Sandeep Joshi will table civic bodys budget for financial year 2010-11 in the general body meeting scheduled at Town Hall on May 29.

A senior NMC official informed that as per the City of Nagpur Corporation (CNC) Act, 1948, the civic budget should be presented in March. However, this year, like last year it was delayed by almost two months.

The then municipal commissioner Aseem Gupta had presented his budget proposals with an outlay of Rs 824.55 crore. However, as per usual practice Joshi is likely to inflate it to Rs 900 crore. Gupta had proposed various novel schemes like 10% rebate on property tax for environment-friendly homes, foot overbridges at busy junctions. Pay and park facilities at spare lands in layouts. He had proposed to set up separate finance department for each zone and provide necessary staff.

An amount of Rs 87.60 crore was set aside for zonal committees. Other schemes proposed by Gupta include providing Icards to BPL persons, benefits to the handicapped and more facilities to NMC school students, upgradation of healthcare system,creation of hawking zones, upgradation of Phule Market, etc.

Joshi, for the first time in history of corporation, had invited suggestions from several organisations representing trade, environmental groups, sports, and even senior citizens while making budget proposals.

Based on recommendations from these organisations, we prepared a budget and presented it before the house on May 29, Joshi informed.

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

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