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!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal
 GST Rule Changes for FY 2025 26
 Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025
 ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know
 Shifted to new tax regime? Here are 5 investments you shouldn't drop
 Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects.

Off-budget expenditure almost doubles
July, 31st 2009

The off-budget expenditure incurred by the government has almost doubled since 2006-07 to Rs 97,019 crore in 2008-09, Parliament was informed on Friday.

Off-budget expenditure, which includes subsidies on oil, fertiliser and food, stood at 1.79 per cent of GDP in the last fiscal, Minister of State for Finance Namo Narain Meena told the Lok Sabha in a written reply.

Meena said the off-budget expenditure was Rs 40,361 crore in 2006-07, 0.98 per cent of GDP, and subsequently increased to Rs 97,019 crore the last fiscal.

To another query, Meena said the Indian economy will grow around 7 per cent this fiscal.

For maintaining the growth momentum, the government has taken a slew of measures like providing fiscal stimulus packages and stimulating investment in infrastructure, Meena said.

The government has also increased the budgetary allocation for 2009-10 plan and non-plan expenditure by 34 per cent and 37 per cent, respectively, over the Budget estimates of last fiscal.

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