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
 New Income Tax Act: ITR forms to be issued prior to FY28, says govt
 GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)
 Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this
 The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:
 ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025
 ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck
 Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?
 Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy
 Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief
 Digital Efficiency for MSMEs: The Tally Prime Advantage
 5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups

FinMin wants proper use of capital funds
September, 18th 2006
Suggesting corrections in budgetary trends to reverse the influence of revenue expenditures at both the Central and state levels, the finance ministry has asked the Planning Commission to ensure that grants given for the creation of capital assets lead to an increase in capital stock. In its comments to the approach paper to the 11th Plan, the ministry has emphasised that the Planning Commission should go in for zero-based budgeting. It also sought to ensure that the outlays were effectively translated into results. Aspects of review of allocations and linking them to outcomes required considerable efforts from the Planning Commission, the ministry added. It advised the Plan panel to reduce over-dependence on petroleum. The next five-year Plan must focus on promoting alternative sources of energy. The contribution of wind energy must be increased to 13,400 Mw by the end of the 11th Plan from 5,300 Mw at the end of the 10th Plan. The finance ministry also sought the implementation of the hydrogen energy road map during the 11th Plan, with the government planning to put a million hydrogen powered vehicles on the road by 2020. The issue of coal pricing and marketing will probably get more importance in the 11th Plan. The coal market must become competitive with privatisation of coal mines after amendments in the Coal Mines (Nationalisation) Act, 1973, free imports and exports and greater allocation of existing blocks for captive purposes. In order to attain success through private-public partnership in the road sector, the 11th Plan must address issues such as sharing of risks and contract management and development of the construction industry must be addressed in the 11th Plan, the finance ministry added. The Commission should also review reform-linked programmes such as the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the Accelerated Irrigation Benefit Programme (AIBP) and Accelerated Power Reforms Development Programme (APRDP), and provide greater incentives for reform linkages during the 11th Plan. The reason for the organisational failure of Krishi Vigyan Kendras in accelerating agricultural growth must be given space.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting