FLEXIBLE BUDGETS, DIRECT-COST VARIANCES AND MANAGEMENT CONTROL........
A flexible budget (variable budget) is a budget that adjusts for changes in sales volume and other cost-driver activities.
Variance is a deviation of an actual amount from the expected or budgeted amount.
If it's February, it's time for the Budget. Budgets have always been presented on the last day of February. So B-day is always on February 28, except on leap years when it is presented on February 29.
This year, the Budget will be presented on February 29. This will be Chidambaram's first...
Budget: Impact on Commodity Sector
Indian Finance Minister Palaniappan Chidambaram presented the federal Budget for 2008/09 on Friday, the fifth and final full one of the Manmohan Singh government before the general elections due for May 2009.
In the Budget, the government has expressed its...
Finance Minister Budget 2008 Speech
Budget 2008-2009
Speech of P. Chidambaram (Minister of Finance India)
Mr. Speaker, Sir
I rise to present the Budget for 2008-09. This House and the United Progressive Alliance Government have bestowed upon me the...
Budget 2008 Overview
1. Tax exemption hiked from Rs 1,10,000 to Rs 1,50,000
2. Minimum relief of Rs 4,000 to all assessees
3. 10% tax between Rs 1.50,001 and Rs 3,00,000
4. 20% tax between Rs 3,00,001 and Rs 5,00,000
5...
Highlights of Union Budget 2008-09
February 29, 2008 11:14 IST
Last Updated: February 29, 2008 13:56 IST
Union Finance Minister P Chidambaram presented his fifth Budget in Parliament on Friday.
Railway Budget Highlights
*No increase in passenger fares
*No increase in freight rates
*55 New trains, 37 trains extended
*550 km of new lines to be added in 2006-07
*Number of coaches in 190 trains to be increased
*1,100 km of gauge conversion, 435 km of doubling
*’A’ & ‘B’...
How India's Budget is prepared
The Budget process is a massive exercise. The exercise has different stages and each stage kicks off at a different stage of Budget making process.
The two sides of the Budget
Like our family budget, the nation's General Budget has two major parts: Revenue and...
R K Shanmukham Shetty presented independent India's first budget.
The budget papers are printed in the Finance Ministry's press. A week before the budget is presented, the employees of the press stay in the ministry and have no means of communicating with the outside world.
The 1991-92...
In a move that could spread cheer among over 30 million individual taxpayers in the country, senior income tax officials are in favour of raising the existing exemption limit by Rs 40,000 to Rs 1,50,000 or even higher in the coming Budget.
The tax proposals for the annual Budget are finalised...
Come November and it's wedding season. The scent of flowers, tinkling of jewellery, anxious parents, excited brides and grooms - no matter where you live, you cannot miss this celebration, the promise of a shared future. If you are getting married or are a parent of a bride or a groom, this is...
ADVERTISING PROJECT
# ADVERTISING BUDGETS
The term 'advertising budget' in essence is nothing but planning the advertising expediture.The amount of money to be utilised for advertising purpose is charged to the profit and loss account of the co. and therefore is of vital importance both to...