Cii pre budget memorandum 2012-13 pdf file

Aggregrate expenditures per pupil expenditures aggregrate expenditures. Victoria budget 2012 lays a firm foundation for the future, putting british columbia on the right path to eliminate the deficit, protect public services, and build a more competitive economy that attracts jobs and investment, finance minister kevin falcon announced today. Income tax slab suggested by icai in prebudget memorandum. Supplementary memorandum explaining the official amendments moved in the finance bill, 2012 as reflected in the finance act, 2012.

Ii has submitted its pre budget memorandum for the msmes, with the government and other stakeholders. While the first two events have taken place on the eve of the pre budget presentation by union finance minister, the third event has taken place after the budget has been presented. Adrian saldanha, with pcl construction, takes us through a seminar on advanced work packaging put on by the construction industry institute. As of date, the corporate tax rate has been reduced to 25% only for companies with annual turnover upto rs 50 crore. Icsi releases prebudget memorandum for union budget 2012. The economic times is liveblogging the union budget 2012. Budget summary report for crowley isd 2011 12 actual budget. Briefing for the legislative council pdf format 02.

In the context of the worldwide economic problems and its consequent effect in india, it is suggested that the corporate tax rate be brought down to 25% within the next 2 3 years and surcharge and education cess be removed in respect of corporates. Rates for deduction of incometax at source during the financial year 2012 from certain incomes other than. It provides an analysis of the trends in the receipts and expenditure for the last few years, sectoral. The union budget 201415, the first budget of the newly elected government.

The explanatory memorandum on federal receipts is also being tabled along with the annual budget statement, as additional information, in order to help the readers understand the details of the receipts included in the statement. Dec, 2012 graph 5programs also known as goals in the budget group instructional and support costs by the type of activity or purpose. Percentages are based on the underlying unrounded amounts. Budget at a glance p r e f a c e this volume of budget 2014, andhra pradesh budget in brief provides an overview of the budget proposals of the government for the year. Council has prepared a budget for the 2012 financial year that seeks to balance the demand for services and infrastructure and the need to work towards a financial sustainable future with the communitys capacity to pay for these services. The memorandum distinguishes revenue from capital receipt. Prebudget memorandum 2012 we take this opportunity to present a pre budget memorandum on direct taxes with a request to consider the same while framing proposals in finance bill, 2012 for amendments to the incometax act 1961. With the introduction of xbrl, this process can be streamlined. Victoria faces challenges a high australian dollar, weaker global and national economic conditions and a substantial reduction in gst and.

Index for urban and nonmanual employees for the immediately preceding. The explanatory memorandum on federal receipts is also being tabled along with the annual budget statement, as additional information, in order to. Every year, cii presents a detailed prebudget memorandum to the ministry of finance for consideration of its recommendations for the union. This 2012 document continues a long dsica tradition of compiling industry and revenue data in a comprehensive and detailed manner not readily available elsewhere. Icai is established under the chartered accountants act, 1949 act no. Project assistance receives 40% of the itec budget. The pre budget memorandum from the confederation of indian industry, for example, agrees that fiscal space is limited. The 2012 budget consultation on revenue pdf format 21. Prebudget memorandum 201718 indian paper manufacturers association ipma 2 even as the industry is grappling with the issue of producing paper and paperboard at competitive costs, the problem has been exacerbated by the governments policy of extending. Chart 1full time equivalent fte is the measurement of staffing within the district.

Cii and the associated chambers of commerce and industry of india assocham. The finance bill, 2012 was introduced in parliament on 163 2012. Jun 14, 2012 it was announced in the budget speech for 2012 that a new scheme is proposed to encourage flow of savings in financial instruments and improve the depth of domestic capital market. Cii asks for continuation of 10% excise duty rate the.

Memorandum, memorandum of budget 2012, budget memorandum, indian new budget 2012, budget features, budget news, budget notifications, major changes in budget 2012, 2012 budget, india budget 201220. Cllr david dodds, cabinet member for finance at south oxfordshire district council, said. Yet it goes on to demand exemptions for industry from this agenda. The confederation of indian industry cii works to create and sustain an environment conducive to the development of india, partnering industry, government, and civil society, through advisory and consultative processes. Preface the annual budget statement containing estimated receipts and expenditure for financial year 2012 is being tabled in the national assembly of pakistan and transmitted to the senate of pakistan as required under article 801 and 731 of the constitution of the islamic republic of pakistan. Prior to introduction of dividend distribution tax ddt, the dividends were. Under article 2021 of the constitution of india, a statement of the.

Confederation of indian industry cii, in collaboration with the wto, conducted a. Stpieous as they need to file refund application with the revenue consequently, it leads to blockage. Accordingly, a new clause has been introduced in the finance act, 2012 to insert a new section 80ccg in the incometax act. Icai the institute of chartered accountants of india. There is a critical need for substantial resources to be allocated in the 2012 budget for community education if the referendum is to have a strong chance of success. Cii in its prebudget memorandum has brought out few cases of anomalies in. Jun 10, 2014 income tax slab suggested by icai in pre budget memorandum 2 0 raj kumari tuesday, june 10, 2014 edit this post with regard to rates of taxation for individual and hufs, the parliamentary standing committee on direct taxes code had observed the following. Download service tax e book 10th edition budget 2016 file in. This graph illustrates the districts expenditures by goals. Figures in tables, charts and text have been rounded. Abolition of securities transaction tax and commodities transaction tax. Dsica pre budget submission 2012 preface dsica appreciates the opportunity to prepare and present a pre budget submission to the federal treasurer.

Dec 31, 2011 icsi releases prebudget memorandum for union budget 2012. Key budget information is provided below about the rate increase, operating result, service. Why pranab needs to change indias subsidy regime rediff. Timely public consultation another key feature of our regime is the near absence of public consultationand debate prior to enactment of law. Indian industry cii and the associated chambers of commerce and industry of india. Cbdt has announced the long awaited cost inflation index for the financial year 2012. Comprehensive measures have been released to stabilize and maintain the equilibrium of aggregation demand in the economy in.

Discrepancies between totals and sums of components reflect rounding. John tsang chun wah, jp, delivered the 2012 budget speech. Our 2012 budget has a range of initiatives designed to ensure that individuals and communities throughout south oxfordshire have that little bit more money to go. Cost inflation index is used to calculate long term capital gain on sale of capital assets. Pre budget memorandum 2012 we take this opportunity to present a pre budget memorandum on direct taxes with a request to consider the same while framing proposals in finance bill, 2012 for amendments to the incometax act 1961.

As mentioned in the letter inviting suggestions for budget 2012 nddated 2 november, 2011, since the. A repetition of prior years pathway earlier today, the financial secretary of the hksar government, mr. This is also in line with the budget speech of honble finance minister on rationalization. Icai the institute of chartered accountants of india set up by an act of parliament. Budget summary report for crowley isd 2011 12 actual budget 2012 proposed budget. Memorandum, memorandum of budget 2012 , budget memorandum, indian new budget 2012, budget features, budget news, budget notifications, major changes in budget 2012 , 2012 budget, india budget 2012 20. Sep 17, 2012 notified cost inflation index for financial year 2012 assessment year 2014. The iip print for the month of august was a positive surprise and came in at 2. I propose to introduce a minimum alternate tax mat on companies. 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. The transferor would get credit of tds like any other prepaid taxes. Cii pre budget priorities for msmes contd on page 19. In the union budget 201516, finance minister proposed to cut the corporate tax from 30% to 25% over four year period ending 201819, along with removal of exemptions. It is an engaging interface that encourages exploration, discovery, and learning.