Finmin asks inputs for revised budget estimates
Various ministries and departments have been asked to furnish feedback to it in this regard.
By PTI |
NEW DELHI: The Finance Ministry has begun the process of revising estimates given in the Budget 2006-07 and making estimates for the next fiscal's budget.
According to a circular issued by the Department of Economic Affairs in the Finance Ministry, various ministries and departments have been asked to furnish feedback to it in this regard.
As per the budget circular 2007-08, the estimates of the revenue receipts broadly encompassing tax collections by the Central and state government organisations should reach the Budget Division by Novemeber 30.
Similarly, the last date for sending capital receipt including public accounts transactions is October 26.
However, the estimates of expenditure of various ministries and departments are to be furnished to the division in phases.
The circular also stated that in line with the basic principles of governance to which the government is committed under the National Common Minimum Programme, which includes empowerment of women, government intends to gradually introduce gender budgeting.
According to a circular issued by the Department of Economic Affairs in the Finance Ministry, various ministries and departments have been asked to furnish feedback to it in this regard.
As per the budget circular 2007-08, the estimates of the revenue receipts broadly encompassing tax collections by the Central and state government organisations should reach the Budget Division by Novemeber 30.
Similarly, the last date for sending capital receipt including public accounts transactions is October 26.
However, the estimates of expenditure of various ministries and departments are to be furnished to the division in phases.
The circular also stated that in line with the basic principles of governance to which the government is committed under the National Common Minimum Programme, which includes empowerment of women, government intends to gradually introduce gender budgeting.
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