CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
17 February 2014Dear Friends., in shortwhile, Union Budget for upcoming year is going live...
Hence, let us begin with HIGHLIGHTS of budget, and what impact does it brings to our routine life.
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 17 February 2014
The most discussed topic, so far, has been, whether there will be any handy full proposals in budget for common man or not, if congress looks to loksabha election later this year.
rohitgarg
(--)
(434 Points)
Replied 17 February 2014
#Fiscal deficit of FY 2013-14 will be contained at 4.6%
#Food inflation is still a worry even though it has dropped from 13.6 to 6.2%:
Ayush
(Executive )
(6760 Points)
Replied 17 February 2014
#The economy good news as per FM: fiscal deficit down, CAD down, inflation moderated and growth picking up
#FM Says: Govt's two terms have delivered growth above GDP trend rate
Ayush
(Executive )
(6760 Points)
Replied 17 February 2014
#GDP growth rate in Q3 and Q4 of 2013-14 will be at least 5.2%
# Govt has approved the National Agro Forestry Policy which will enhance employment https://
Aruhi
(Finance Professional)
(6236 Points)
Replied 17 February 2014
Direct Benefit Transfers (DBT) was rolled out throughout the country; operational in 27 schemes.
rohitgarg
(--)
(434 Points)
Replied 17 February 2014
Interim #budget2014: Non planned expenditure at Rs 12.7 lakh crore, says #Chidambaram
Aruhi
(Finance Professional)
(6236 Points)
Replied 17 February 2014
FM - Defence budget up by 10%. Now Rs.2.24 lakh crores. #Budget2014
Aruhi
(Finance Professional)
(6236 Points)
Replied 17 February 2014
FM - More than Rs.1 lakh crore for food subsidy. #Budget2014
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 17 February 2014
I guess, non-planned expenditure.., was made, keeping in mind BJP as leading government in centre... Seriously, the many of proposal seems unreasonable this time....
S Jain
(Doing CA)
(442 Points)
Replied 17 February 2014
Propose to amend the Forwards Contracts Regulation Act: FM
I wonder how many have noted the fact the Indian economy is 11th largest in the world: Chidambara
Regret that some insurance bills have not been passed by the Parliament: #Chidambaram
CAD will be $45 billion in 2013-14
Foreign exchange reserves up by $15 billion
Agriculture credit will cross $45 billion against $41 billion in 2012-13
296 projects worth Rs 6,60,000 crore cleared by Cabinet Committee on Investment by end January 2014
Aruhi
(Finance Professional)
(6236 Points)
Replied 17 February 2014
If you take 9 lacs education loan, govt will give you subsidy on interest.
Direct Benefit Scheme. Money is being transferred. Total of 54 lakh transactions have taken place.
pawan
(managing partner)
(21 Points)
Replied 17 February 2014
CAclubindia
