India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
In comparison to the less than ordinary and unimaginative budgetary proposals of yester years, Modi’s maiden budget comes as a welcome change from the norm. The proposals and reforms suggested in the Union Budget 2014-15 are ground breaking, specific with a good measure of thought & common sense and vastly catered for holistic growth of the economy.
The challenging circumstances of a slowing economy, soaring energy prices, inflation, fiscal and current account deficits do not provide adequate leeway to maneuver and hit the path of high growth. Yet the Budget provides a comprehensive plan and directional footprint towards overcoming these hurdles to sustainable growth of 7-8% over the next few years along with providing macro economic stability, lowered inflation, realistic fiscal health targeting and a manageable current account deficit.
The Finance Minister while presenting the budget takes cognizance of the fact that decisive action to fuel growth without populism is the need of the hour. And that resources for developmental expenditure cannot be raised at the cost of burdening the future generations with the legacy of debt. He goes on to emphasize the need to mobilize resources through both tax and non-tax revenues to feed the aspirational developmental expenditure.
In order to achieve this objective the Modi Government has taken head on the various issues plaguing the Indian economy and come out with imaginative and yet very practical and implementable reforms and measures.
This presentation has been prepared to give a glimpse of Union Budget 2017-18. It will come handy for management students who have Finance as one of their subjects.
A budget is a quantitative expression of a financial plan, we all know that but, not everyone understands the whole of Budget. For this reason alone, the budget views are presented in a PPT format for your reference.
A presentation by CA Manish Hingar
India’s new finance minister, Arun Jaitley, presented his maiden Budget on July 10. Much has been expected from this government, which is widely considered to be pro-industry and reform-friendly.
While the Budget had significant announcement like the raising of foreign investment caps in defense and insurance, as well as a change in income-tax norms, it also set very ambitious growth targets.
Can Jaitley achieve them even as the global economy struggles to get back on track? This is an uphill task and will require more bold and politically tough decisions.
Share your feedback with us on twitter @MSLGROUP_India
In comparison to the less than ordinary and unimaginative budgetary proposals of yester years, Modi’s maiden budget comes as a welcome change from the norm. The proposals and reforms suggested in the Union Budget 2014-15 are ground breaking, specific with a good measure of thought & common sense and vastly catered for holistic growth of the economy.
The challenging circumstances of a slowing economy, soaring energy prices, inflation, fiscal and current account deficits do not provide adequate leeway to maneuver and hit the path of high growth. Yet the Budget provides a comprehensive plan and directional footprint towards overcoming these hurdles to sustainable growth of 7-8% over the next few years along with providing macro economic stability, lowered inflation, realistic fiscal health targeting and a manageable current account deficit.
The Finance Minister while presenting the budget takes cognizance of the fact that decisive action to fuel growth without populism is the need of the hour. And that resources for developmental expenditure cannot be raised at the cost of burdening the future generations with the legacy of debt. He goes on to emphasize the need to mobilize resources through both tax and non-tax revenues to feed the aspirational developmental expenditure.
In order to achieve this objective the Modi Government has taken head on the various issues plaguing the Indian economy and come out with imaginative and yet very practical and implementable reforms and measures.
This presentation has been prepared to give a glimpse of Union Budget 2017-18. It will come handy for management students who have Finance as one of their subjects.
A budget is a quantitative expression of a financial plan, we all know that but, not everyone understands the whole of Budget. For this reason alone, the budget views are presented in a PPT format for your reference.
A presentation by CA Manish Hingar
Edelman India Public Affairs team provides an analysis of the Union Budget 2018-19 tabled in Parliament on Feb 1 -- featuring opinions from eminent economists and industry experts.
Contributors include:
Mr. T.S. Vishwanath
Partner, APJ-SLG Law Offices and Senior Advisor, Edelman India
Mr. Nirankar Saxena
Deputy Secretary General, FICCI
Dr. Geethanjali Nataraj
Professor of Applied Economics, Indian Institute of Public Administration
Dr. Amir Ullah Khan
Development Sector Economist, Professor and Director at the Maulana Azad National Urdu University, Visiting faculty of Economic Policy at the Indian School of Business
Mr. Neeraj Bansal
Partner and Head – ASEAN Corridor and Building, Construction and Real Estate sector, KPMG in India
Mr. Ravi S. Kochak
Former Additional Member (Production Units), Indian Railways
Unlock the keys to financial prosperity with our engaging SlideShare presentation on "Strategic Budgeting for 2024-2025." Dive into essential budgeting techniques, explore innovative financial strategies, and gain insights into effective resource allocation. Whether you're an individual looking to manage personal finances or a business aiming for fiscal growth, this presentation equips you with the knowledge and tools to make informed financial decisions. Join us as we decode budgeting intricacies, showcase real-world case studies, and provide actionable tips for a successful financial year ahead. Don't miss out on this valuable resource to optimize your budget and achieve your financial goals in 2024-2025!
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The Hon’ble Finance Minister, Mr. P Chidambaram presented the Interim Budget for 2014-15 in the Parliament on 17 February 2014.
While not being a full-fledged budget, the Interim Budget details some interventions on the indirect taxes front and announcements of the policy roadmap.
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Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
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Biological screening of herbal drugs: Introduction and Need for
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Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
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2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2. TAX FOR THE RICH:
India recently joined the ranks of many Western countries
with talk of raising taxes for wealthy individuals.
A surcharge is a tax on tax. For instance, if your tax
liability for a year is 10,000 rupees ($185), the surcharge
would be a tax on 10,000 rupees.
3. Tax consultants expect a surcharge of around
10%, which in this case would translate to 1,000
rupees.
Thus, the individual’s total tax liability would be
11,000 rupees ($203).
The Budget left tax slabs and tax rates unchanged but
proposes a Rs 2,000 tax credit to those whose taxable
income is up to Rs 5 lakh.
The credit, given to those in the lowest tax
bracket, increases their tax exemption limit from Rs 2
lakh to Rs 2.2 lakh.
4. The Budget has also not changed the tax rates for senior
citizens (60-80 years) and very senior citizens (80 years and
above).
So, all men, women and senior citizens with taxable income
of less than Rs 5 lakh will save Rs 2,000 in 2013-14.
The rates for those in higher income brackets have not been
changed, except for those with taxable income of more than
Rs 1 crore.
CONTINUES
5. Railway Minister concludes his budget speech
• 67 new express trains to be introduced; 27 passenger
trains, 8 DEMUs
• 10% reservation for women in RPF
• Internet booking to be provided from 0030 hours to 2330
hours
• Special A/C coaches ‘Anubhuti’, to be introduced
• SMS alert service being rolled out shortly to intimate
passengers about reservation status
• Free Wi-Fi facility to be provided in select trains
• Plan to allow e-ticketing via mobile phone
Railway budget plans
6. Diesel price hike added Rs 3,300 crore to fuel bill of
Railways
Railway revenues to show a balance of Rs 12,506 crore in
2013-14
Electrification of 1,200 km to be completed this year
72 additional suburban services in Mumbai and 18 in
Kolkata
An independent Rail Tariff Authority has been formalised
Operating ratio expected to improve to 87.8 per cent in
2013-14 from 88.8 per cent in the current fiscal
7. Health and Education
Health for all and education for all remain our
priorities.
Allocated `37,330 crore to the Ministry of Health and
Family Welfare. Of this, the new National Health Mission
that combines the rural mission and the proposed urban
mission will get `21,239 crore, an increase of 24.3 percent.
Rs.`4,727 crore for medical education, training and
research.
8. Ayurveda, Unani, Siddha and Homoeopathy are being
mainstreamed through the National Health Mission. They
allocate `1,069 crore to the Department of AYUSH.
The six AIIMS-like institutions have admitted their first
batch of students in the academic session that commenced in
September 2012. The hospitals attached to the colleges will
be functional in 2013-14. They plan to provide a sum of
`1,650 crore for these institutions.
9. Drinking Water
Clean drinking water and sanitation have a number
of beneficial externalities. The budget allocate `15,260
crore to the Ministry of Drinking Water and
Sanitation, as against the RE of `13,000 crore in the
current year.
There are still 2,000 arsenic- and 12,000 fluoride-
affected rural habitations in the country. So they plan
to provide `1,400 crore towards setting up water
purification plants.
10. Rural Development
The Ministry of Rural Development steers a number of
flagship programmes. We estimate that they will be able to
spend `55,000 crore before the end of the current year, and
they plan to allocate `80,194 crore in 2013-14, marking an
increase of 46 percent. MGNREGS will get `33,000
crore, PMGSY will get `21,700 crore, and IAY will get `15,184
crore.
11. Agricultural Credit
Agricultural credit is the driver of agricultural production.
We will exceed the target of `575,000 crore fixed for 2012-13.
For 2013-14, They increase the target to `700,000 crore.
The interest subvention scheme for short-term crop loans will
be continued and a farmer who repays the loan on time will be
able to get credit at 4 percent per annum. So far, the scheme has
been applied to loans extended by public sector banks, RRBs and
cooperative banks.
12. Road Construction
Government has decided to constitute a regulatory
authority for the road sector. Bottlenecks stalling road
projects have been addressed and 3,000 kms of road projects
in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan and
Uttar Pradesh will be awarded in the first six months of
2013-14.
13. Savings
Increasing savings and their optimal allocation for productive
uses lead to higher economic growth.
• Firstly, the Rajiv Gandhi Equity Savings Scheme will be
liberalised to enable the first time investor to invest in mutual
funds as well as listed shares and she can do so, not in one year
alone, but in three successive years. The income limit will be
raised from `10,00,000 to `12,00,000;
14. • Secondly, a person taking a loan for his first home from a bank
or a housing finance corporation upto `25,00,000 during the
period 1.4.2013 to 31.3.2014 will be entitled to an additional
deduction of interest of upto `100,000. This will promote home
ownership and give a fillip to a number of industries like
steel, cement, brick, wood, glass etc. besides jobs to thousands
of construction workers.
15. • Thirdly, in consultation with RBI, I propose to
introduce instruments that will protect savings
from inflation, especially the savings of the poor
and middle classes. These could be Inflation
Indexed Bonds or Inflation Indexed National
Security Certificates. The structure and tenor of
the instruments will be announced in due course.
16. Ports
Two new major ports will be established in Sagar, West
Bengal and in Andhra Pradesh to add 100 million tonnes of
capacity.
In addition, a new outer harbour will be developed in the
VOC port at Thoothukkudi, Tamil Nadu through PPP at an
estimated cost of `7,500 crore.
When completed, this will add 42 million tonnes of
capacity.
17. Sports
Sports of all kind deserve our support. We have
many sportsmen and sportswomen but few coaches.
Hence, they propose to set up the National Institute of
Sports Coaching at Patiala at a cost of `250 crore over a
period of three years.