Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: VAT RATES :: VAT Audit :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: empanelment
 
 
« Budget Extravaganza »
 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 2018: Section 80C limit may be increased
 Middle Class Can Hope For A Big Tax Relief In Budget 2018-19, Says Report
 Startup investors seek abolition of angel tax in Budget 2018-19
 Budget 2018 must avoid the temptation to bolster government revenues myopically
 How GST has taken away the wind out of the Union Budget presentation
 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

Wooing aam aadmi with Budget bluster
July, 08th 2009

In an attempt to live up to the aam aadmi poll posters, did the UPA play several smart tricks in the budget balancing the needs of fiscal prudence while making up with bluster what it couldnt back with substance on the social sector?

The trick has been to introduce the seeds of aam aadmi schemes but fund their flowering for economically
better years once the economy recovers.

Take the case of the Integrated Child Development Scheme. The finance minister announced it would be universalized. But the allocation increase for the scheme meant to provide maternity benefits as well as nutritional security to children and women was a mere Rs 150 crore.

At the moment, there are roughly 6 lakh anganwadis whereas complete coverage of the 14 crore children in the country (instead of the 3.4 crore covered at present) requires 17 lakh anganwadis.

The Supreme Court demanded universalisation in 2001. There is a Rs 45,000 crore allocation under the 11th Plan but it wont get used this year saving the FM the trouble of finding another revenue source to balance the outgo.
Congress made a political commitment in its manifesto to bring NREGA wages to Rs 100 per day at real terms and to provide 100 days employment to everyone implying all adults in a family instead of one per family. The second promise did not find reflection in the Budget at all.

In rural housing, the allocation has actually gone Rs 1 crore below the Rs 7,919 crore spent in the previous year. Instead Rs 100 crore in this years budget has been allocated for the Pradhan Mantri Adarsh Gram Yojana a more focused scheme for the SCs and STs.

The fact that the Food Security Act is yet to crystallize has also helped the government in keeping its food subsidy bill low for the moment. With all indications that the bill would be tabled in the winter session of Parliament, the government can wait till next year to provide financial flows for it. Then again, as the PM suggested, the number of beneficiaries would decide how deep a dent it makes in government till.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

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