Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Budget Extravaganza »
Open DEMAT Account in 24 hrs
 ITR 2024-25: Are the latest Budget 2025 tax slabs applicable for tax filing in AY 2025-06? Details here
 Time ripe for streamlining withholding tax in the budget
 35 LPA AGM/ DGM Banking & Treasury (MBA/ CA)
 Budget 2025 Wishlist: Individual taxpayers want tax relief, deductions, slab relaxation on February 1
 Budget 2025: Why tax relief for debt funds tops wish list of mutual fund industry
 FinMin unlikely to introduce new Income-Tax Bill in Budget session
 Income tax relief in Budget 2025? Govt mulling relief for lower income tax bracket
 Income Tax Act overhaul likely in Budget
 Will FM Nirmala Sitharaman Change Tax Rates in Budget 2024?
 Budget to usher in minimum corporate tax rule under Pillar-2
 All outstanding personal tax demand notices up to Rs 25,000 withdrawn till FY 2014-15 in Budget 2024

State plan budget utilisation in Odisha
November, 11th 2016

The State Plan budget utilization up to October has registred around 46 per cent of the budget provision which is an increase by 18.37 per cent compared to the utilization during 2015-16.

While reviewing the plan expenditure, chief secretary A P Padhi today directed department secretaries to put more public services online and develop mobile apps for public services notified under Odisha Right to Public Services Act so that citizens can easily apply from their own mobiles.

Padhi also advised the secretaries to finalize the facilitating and regulating policies that are under preparation within November 17.

The state government has put several investment attracting policies on table during last couple of months. Some of these policies include pharmaceutical investment policy, health sector investment policy, solar policy, bio-tech policy among others.

Around Rs 20,872 crore has been utilized under state plan up to October which is around 46 per cent of the total budget estimate, an official release said, adding that the utilization in agriculture and allied sectors has been around 49 per cent of the budget estimate which is Rs 5,393 crore in real terms.

The expenditure in agriculture and allied sector has increased by 5 per cent over the expenditure of last fiscal during the same period.

Similarly, the infrastructure spending has also gone up to around 56 per cent of the budget estimate marking a growth of around 2 per cent over the last year.

The utilization in this sector has been to the tune of Rs 6,043 crore in real terms up to October. Social sector spending has also touched Rs 8,373 crore marking an increase of around 4 per cent over the last year.

The total revenue collection up to October has been around Rs 15,153 crore. Padhi asked the revenue generating departments to scale up revenue collection to meet higher expenditure in infrastructure and agriculture sectors.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting