The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. During 2012, it accredited record number of 60 degree programs at 11 institutions. Shining light in dark spaces the citizens campaign. Details of major policy decisions impacting on the agencys income statement since publication of the 200809 budget to parliament on 8 may 2008 are outlined below. This part also discusses the sensitivity of the forward budget estimates to changes in major economic parameters, expenses by function and tax expenditures.
Notably, the estimated fiscal deficit for 2012 is an improvement over the target set in october. Based on a projected buoyancy in nontax revenue and. The budget 2012 chapter 2 salient features the provincial share in federal revenue receipts is estimated at rs 1,459 billion during 2012 which is 21. The budget 2012 has the following salient features. Macroeconomic framework for the relevant financial year. A detailed analysis of the union budget 201415 follows, with particular focus on. Introduction with this, the first budget of the new mandate with which the bahamian people have entrusted my government, we launch our programme to transform the bahamian economy and society for the benefit of all bahamians. Highlights and impact of the union budget 2014 on the. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. The kctcs 201012 biennial budget request for operating, capital projects, and other appropriations funding advocates. Relative to high growth in the period 200304 to 201011 with the exception of 200809, growth in 201112 is on the lower side. The finance minister puts down a report that contains government of indias revenue and expenditure for one fiscal year that runs from april 01 to. Controlling officer gndtp ggsstp, ghtp group ranjit ubdc anand muke micro shanan syl sldc transmi distribu. This budget summary of the riverview school district 201220 budgets is part of a continuing effort to provide meaningful financial and budgetary information to the general public.
Naeac is the first such council to have completed the target within a time frame of 5 years set by hec in 2008. Bargaining unit 08 2012 side letter agreement savings. Direct and prorata charges for the year 2012be sr name of schemeprojectcapital estt. Based on a projected buoyancy in nontax revenue and indirect taxes the nominal growth rate of gdp is expected to be 14% for 2012. Key to budget documents pdf file opens in a new window budget highlights key features pdf file opens in. In the union budget 2012 presentation, the finance minister stated that the indian economy is estimated to grow by 6. Contents paragraphs introduction 1 10 economic performance and prospects 11 economic performance 12 27. The problems have got worse since our first budget pressures report.
Paterson, for example, that represented 700 pages for the 2012 budget and. In view of the slowdown in industrial growth and the intensification of international economic crisis, the real gdp growth is estimated at. It explains why and how the state developed such massive budget. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Historical budget documents are available for reference purposes. The 2012 numbers are included in the current budget. Stay with us as we bring you the latest updates, analyses from market experts and politicians, reactions from indias top business leaders and live analysis throughout the day. Rs 1 lakh crore allotted for enhancing skills of youth. Union budget 201415 india, indian union budget 201415. Union budget 2014 impact on the technology sector 10 direct tax proposals transfer pricing regulations safe harbour provisions the finance minister has now provided a timeline of 31 march 20, by which the transfer pricing safe harbour can finally see the light of the day. When one year ago, i rose to present the budget, the challenges were many, but there was a sense that the world economy was on the mend. The model always uses direct access files described in.
It was launched into an elliptical earth parking orbit with a perigee of 248 km and an apogee of 23,550 km, inclined at an angle of 19. It is our sincere intent to provide an effective tool for greater citizen involvement in the districts budget process. Naeac annual report 2012 2 aic visit to department of agronomy, rawalakot thereby completing the first round of accreditation. Finance minister, p chidambaram has announced the union budget 2014 which has received mixed reactions from industry and academia. The 2012 budget speech by the financial secretary, the hon john c tsang moving the second reading of the appropriation bill 2012 wednesday, 1 february 2012. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Estimated revenues are down 6% compared to the approved fy 2012. National treasury during the month of february 20, net domestic shortterm loans increased by. For the indian economy, this was a year of recovery interrupted. Um course, reading, nov 2012 2 um pp format there is general confusion about the use of pp format to describe all formats of the model files.
In november 2011 cabinet approved for consultation parking fees and charges 2012 and a separate report fees and charges 2012. The itites captive service providers of multinational. Key features of budget 201220 approach to the budget for indian economy, recovery was interrupted this year due to intensification of debt crises in euro zone, political turmoil in middle east, rise in crude oil price and earthquake in japan. The budget assumes that the total income from the charges set out in these reports will be achieved. Following are some of the key highlights of the union budget 2012, presented by finance minister pranab mukherjee in the parliament on. Policy decisions taken since the 2 budget201 provides details of decisions taken since the 2201 budget that affect revenue, expense and capital. Integrated land and infrastructure policy development 110,204 104,867 114,339 124,920 115,481 1,654 1,502 2. Here are some highlights of what education received from the budget 2014. The spacecraft was launched by pslvc25 on november 05, 20 at 14. Memorandum explaining the provisions in the finance bill, 2011. We will also be pressing on with our sixpoint economic programme, including extensive investment in infrastructure, increasing the efficiency of the public sector, and supporting business with innovation and.
The budget is being seen as an opportunity to push for big reforms to jumpstart indias creaking infrastructure and slowing economy. Proposed budget of njsss project april 12 march suggested unit qty total rs category total rs coordination team salaries education coordinator suresh 6,000. In this regard you may like to note the following points. The outcome budget document covers all the developmental activities of the ministry. The council has been making a concerted effort to reduce its reliance on investment income. The budget was presented in the first glimmer of hope. The union budget for 2014 has forecast a fiscal deficit refer chart 1 of 4. The outyear numbers will be included in future budgets.
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