Assignment On Public Finance Course No: 306 Topic: Budget FY2012-2013 “A Critical Analysis” Submitted To Tanvir Mohammed Haider Arif Assistant Professor Finance & Banking University of Chittagong Submitted By 3rd Year B.B.A (Mid-term) Finance & Banking University of Chittagong Date of Submission: 19th July‚ 2012 Group Members No. Name ID Email 01 Upama Biswas 09303024 upamabrishty@gmai.com 02 Sunjida Parveen 09303038 03 Farjana Akter 09303039
Premium Fiscal year Tax Public finance
History of Indian Budget India’s first Finance Minister Sir R.K. Shanmugham Chetty‚ presented the first Finance Budget of independent India on November 26‚ 1947. Since then‚ 28 differentUnion Finance Ministers have been presenting the budget year after year. Initially‚ major attention was paid towards the agriculture sector but as the economy evolved‚ the focus shifted from agriculture to other sectors like industrial‚ financial etc. During the early the fifties‚ Indian budget highlights revolved
Premium Budget Sales Variable cost
Budget Interpretation Budgets help to bring spending under control and lead the way for the development of plans that enable an organization to become or remain fiscally sound. For an organization to develop or maintain financial stability‚ it must understand the purpose of budgeting and how to apply the various budgeting techniques that will help promote and expand the business. Budgeting requires organizations to use financial projections to attract investors and secure grants or donations‚ which
Premium Management Budget Finance
Budget Constraint of De La Salle University – Dasmariñas CBAA Students pertaining to Food and Transportation Fare ACKNOWLEDGEMENT The researchers would like to express their warmest appreciation to the following that‚ in one way or another‚ have helped to finish this research paper. To God Almighty‚ for giving the knowledge‚ guidance‚ intelligence‚ patience‚ wisdom and strength every day to make a good and successful research. To the considerate professor in Microeconomics‚ Dr. Alice
Premium Consumer theory Budget Budgets
to discuss with you the results of your Dept 1880 Retail Marketing‚ budget variance vs. actual for Jun 2011. Sure‚ Let me get my notes out that I had submitted to your group. I emailed you a copy as well with your comments for this review. Did you receive it? Yes‚ I did Ok‚ there were 3 main categories where the variance between actual and budget were the highest. Those categories are Compensation‚ Marketing‚ IT‚ and then we put everything else from your department into other. Correct. I
Premium Marketing Forecasting Cost
1 Budget 2013-2014 Speech of P. Chidambaram Minister of Finance February 28‚ 2013 Madam Speaker‚ I rise to present the Budget for the year 2013-14. 2. I recall my last tenure as Finance Minister and acknowledge with gratitude the splendid support that I received from all sections of the House as well as the people of India. Today‚ more than ever‚ I seek the same support as we navigate the Indian economy through a crisis that has enveloped the whole world and spared none. 3. I
Premium Investment Venture capital Mutual fund
Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
Premium Budget Income statement Cash flow
GUESS WHO JEANS STATIC BUDGET VARIANCE FOR THE MONTH JUST ENDED Income Statement line-item Budgeted amount per unit Static Budget (A) 10‚000 units Actual Results (B) 16‚000 units Static Budget Variance (A) – (B) Revenue Variable costs: Materials Labor Overhead Total Contribution margin Fixed costs: Manufacturing Overhead Marketing costs Total fixed costs Operating
Premium Variable cost Costs Fixed cost
Q. Critically analysis last year budget and suggest how you can improve it? NOTE: You can select Industrial & Agricultural Sector Your Suggestion for improvement is Obvious Two Page Assignment ------------------------------------------------- Submission Date: 27-11-2012 Pakistan’s Budget 2012-2013 Salient points of Pakistan Budget 2012-2013 » * Budget session begins under the chair of Dr Fehmida Mirza * Newly elected member Israr Tareen took oath * Finance Minister Hafeez
Free Tax Public finance Economy
ADMINISTERING THE BUDGET A budget is a written financial plan for business operations developed for a specific period of time. Budgets are often developed for six months or a year but can cover a longer or shorter time period depending on the type of budget and the nature of the business. Because a budget is an estimate of what might happen‚ it usually cannot be followed exactly. Staying close to the amount budgeted is desirable. However‚ for various reasons beyond the control of managers‚ actual
Premium Employment Management Minimum wage