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  • Budget Analysis: Presented By: Mitali Pandit DM 1025

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    Akansh Gupta
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    This document provides a summary of key points from a budget analysis presentation: - A budget is a financial plan that outlines expected revenues and expenses over a specific period of time. Budgets help control spending, prioritize resources, and work towards financial goals. - The Union Budget of India is the annual financial statement of the government's revenues and expenditure. It outlines the country's fiscal policy and is an expression of the government's economic strategy. - The budget analysis discusses the impacts of changes in excise duties, customs duties, and taxes on various industries such as cement, FMCG, IT, and others. Certain goods like printers, paper, and soap may become dearer while others like mobile phones and

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    BUDGET_ANALYSIS

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    This document provides a summary of key points from a budget analysis presentation: - A budget is a financial plan that outlines expected revenues and expenses over a specific period of time. Budgets help control spending, prioritize resources, and work towards financial goals. - The Union Budget of India is the annual financial statement of the government's revenues and expenditure. It outlines the country's fiscal policy and is an expression of the government's economic strategy. - The budget analysis discusses the impacts of changes in excise duties, customs duties, and taxes on various industries such as cement, FMCG, IT, and others. Certain goods like printers, paper, and soap may become dearer while others like mobile phones and

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    16 views11 pages

    Budget Analysis: Presented By: Mitali Pandit DM 1025

    Uploaded by

    Akansh Gupta
    This document provides a summary of key points from a budget analysis presentation: - A budget is a financial plan that outlines expected revenues and expenses over a specific period of time. Budgets help control spending, prioritize resources, and work towards financial goals. - The Union Budget of India is the annual financial statement of the government's revenues and expenditure. It outlines the country's fiscal policy and is an expression of the government's economic strategy. - The budget analysis discusses the impacts of changes in excise duties, customs duties, and taxes on various industries such as cement, FMCG, IT, and others. Certain goods like printers, paper, and soap may become dearer while others like mobile phones and

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 11

    BUDGET ANALYSIS

    Presented By:
    Mitali pandit
    DM 1025
    BUDGET
    • A budget is a plan to achieve a given objective
    or objectives

    • Budgets are detailed quantified financial plans


    of action for a specific period in the future

    • A budget is an expression of an organisation’s


    strategy in financial terms
    SIGNIFICANCE OF BUDGET

    • Controls your money


    • What you are spending
    • Where you are spending
    • Frees up money for you
    • Helps you get out of debt
    • Improves the quality of life
    UNION BUDGET

    • The Union Budget is:

    • Not just an annual statement of receipts and


    expenditures
    • It is an instrument for fulfilling the obligations of the
    state
    • A political statement of the priorities set by
    government in resource allocation.
    UNION BUDGET INCLUDES
    • The expenditure & revenue of every year
    • Capital receipts from within India or from foreign
    governments & multilateral organizations
    • Plan and non-plan expenditure
    • Policy announcements
    • Short-term and long-term effects on finances (Taxes)
    BUDGET & INDUSTRY
    Cement Sector
    •Key recommendation: Change in excise duty structure for grey
    cement from specific to uniform ad-valorem tax
    •Impact: neutral - will be passed to final consumer
    •Key recommendation: Basic customs duty on gypsum and pet
    coke reduced from 5% to 2.5%
    •Impact: Positive
    •Key recommendation: Higher budget allocation of Rs2,140 bn for
    infrastructure
    •Impact: Positive - could potentially boost cement demand
    FMCG

    • Key recommendation: Excise taxes for cigarettes


    unchanged; Income tax surcharge reduction to 5%
    from 7.5% positive

    Impact: Positive for ITC


    IT
    • Key recommendation: Increase of MAT from 18% to 18.5%
    Impact: Mild Negative

    Key recommendation:  No extension of the STPI Tax Holiday


    Impact: Mild Negative

    Key recommendation:  SEZ units to come under MAT


    provisions
    Impact: Mild Negative
     Printers
     Paper
     Soap
     Steel
    DEARER  Diapers,Sanitary
    & napkins
     Homoeopathic
     Legal Services
    Medicines
     Yarn/raw silk
     Healthcare in  Mobile Phones
    top –end Pvt.  Agarbatti
    hospitals.  Solar Lantern,
    LED Lights
     Branded Cloths  Battery Driven-
    Vehicles
     Gold  Agriculture
    machinery
     A/c restaurants
    serving Liquor CHEAPER
     Hotel Services
    THANKS !!!

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