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: list of goods taxed at 4% :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: cpt :: TDS :: ACCOUNTING STANDARD :: form 3cd :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES
« Budget Extravaganza »
 Budget 2017: Home insurance premium should get income tax exemption
 Demonetisation may be the trigger for any increase in service tax rate this budget
 10 things Arun Jaitley can do to make it a Budget for the middle class
 How budget 2017 can ease pain of demonetisation via income tax sops
 Budget 2017: Do we expect an overhaul of personal income tax rates and slabs?
 All eyes on Budget 2017 proposals on capital gains tax
 Budget-2017 And Gst Expectations
 Income Tax Appellate Tribunal, Kolkata Benches Kolkata Constitution of kolkata Benches for One Week From 16.01.2017 To 19/01/2017
 What’s the big deal if budget presented on Feb 1, which law violated? SC asks PIL petitioner
 What aam aadmi wants from Budget 2017
 Have you availed these new home loan tax benefits of Budget 2016?

Growth-oriented sector skipped by Uttarakhand Budget
June, 14th 2012

Uttarakhand finance minister Indira Hridayesh, who presented her maiden Budget for the year 2012-13, did not make any new announcement that would have given a boost to sectors like power, tourism and industry which are considered to be catalysts of growth in the hill state.

Presenting a tax-free Budget with a revenue surplus of Rs 441.84 crore, Hridayesh made no new announcement or commitment regarding the early completion of big hydel power projects despite the sector taking a beating during the past few years with the state reeling under acute power shortage.
Though Hridayesh kept a budget outlay of Rs 104 crore for the tourism sector, she did not come out with any attractive scheme to boost the sector which has vast potential of generating employment opportunities.

Similarly, for the industrial sector as well, Hridayesh did not mention any new project or scheme. The Budget is a very lackluster document with no new schemes for industry and power sectors, said Pankaj Gupta, President, Indian Industries Association.

Presenting the Budget in the state Assembly yesterday, Hridayesh however said the fiscal deficit was around Rs 3,357.59 crore which is within the limits of FRBM Act. The total revenue receipts are estimated to be Rs 16,158.95 crore against last years Budget estimate of Rs 14,634.99 crore, an increase of 10.41 per cent over the last years Budget estimate.

Tax revenue receipts are estimated to be Rs 9,368.71 crore in 2012-13 against last years estimate of Rs 7715.05 core. The total expenditure for the year 2012-13 is estimated to be Rs 21,931.77 core against last years Rs 19,366.91 crore showing an increase of 13.24 percent.

The non-plan expenditure is around Rs 14882.81 crore this year which is 67.86 percent of total expenditure with an increase of 16.25 percent over previous years estimate of Rs 12802.62 crore. The total plan expenditure is estimated to be around Rs 7,048.96 crore.

Capital expenditure is Rs 6,214.66 crore which is 22.28 percent higher than the previous years. Estimate of expenditure under loan repayment this year is Rs 2,297.13 crore indicating a massive increase of 40.18 per cent against the last years estimates.

Among the sops declared by Hridayesh, stamp duty has been exempted for agriculture loans up to Rs 5 lakh for the benefits of farmers.

Relief has been given on VAT on some select items like petrol, umbrellas, CFL bulbs. The VAT relief on petrol will be Rs 1.87 on the recent hike of Rs 7.50 per liter. There will be a waiver on VAT on all types of umbrellas and VAT has been reduced to 4.5 percent on CFL bulbs.




Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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