Union Budget 2015: Time to shift to Accrual based Budgeting?

CA. Rajvir Bhatnagar , Last updated: 07 February 2015  
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Mid Year Economic Review 2014-15 carried out by the Government had listed the following fiscal challenges, besides two others: o Budget was unduly over burdened by a legacy of carried over expenditure o Revenue projections were over optimistic There is no doubt such carried over exp

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CA. Rajvir Bhatnagar
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