« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?  Full List Of Trump's Reciprocal Tariffs Announced Wednesday  Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025  5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025  March 15 is deadline for last advance tax installment: Know if you must pay «  Now, CAs can train more article clerks... Confusion over service tax... » Panel studies outcome budget April, 21st 2007 A committee under the chairmanship of former Union minister Suresh Prabhu has been set up by the Institute of Chartered Accountants of India (ICAI) through the ICAI Accounting Research Foundation (ARF) to strengthen the system of outcome budget.    The committee has participation from experts from organisations including the Comptroller and Auditor General of India and National Council of Applied Economic Research, select CMDs of Public Sector Undertakings, and chartered accountants.    The committee has undertaken various case studies to form a conceptual framework for the outcome budget. The committee was constituted following the finance ministers emphasis on outcome budget and its intended objectives.