STRUCTURE OF BUDGET BUDGET REVENUE BUDGET REVENUE RECEIPTS

Slides:



Advertisements
Similar presentations
Financial and Managerial Accounting Wild, Shaw, and Chiappetta Fourth Edition Wild, Shaw, and Chiappetta Fourth Edition McGraw-Hill/Irwin Copyright © 2011.
Advertisements

Financial and Managerial Accounting Wild, Shaw, and Chiappetta Fifth Edition Wild, Shaw, and Chiappetta Fifth Edition McGraw-Hill/Irwin Copyright © 2013.
TAXES IN TURKEY.
PUBLIC FINANCE Samir K Mahajan, M.Sc. Ph.D. SOME BASIC CONCEPTS Public Finance: Public Finance is a subject that is concerned with the income and expenditure.
2006 Cash Flow Statement Sources of cash: Beginning cash balance Cash receipts from product sales Other sources of cash Total sources of cash Uses of cash:
Statement of Cash Flows
McClaren Corporation Income Statement For the Year Ended June 30, 2008 Revenue Sale Revenue $100,000 Sale Revenue $100,000 Total Sales Revenue 100,000.
AGEC 489/689 Spring 2009 Detailed View of Financial Statement Linkages Slide Show #3.
Chapter 7 Savings and Investment Process © 2000 John Wiley & Sons, Inc.
PUBLIC FINANCE Samir K Mahajan. SOME BASIC CONCEPTS Public Finance: Public Finance is a subject that is concerned with the income and expenditure of public.
McGraw-Hill/Irwin Slide 1 McGraw-Hill/Irwin Slide 1 How does a company obtain its cash? Where does a company spend its cash? What explains the change in.
Chapter 12 Accounting for Cash Flows. How does a company obtain its cash? Where does a company spend its cash? What explains the change in the cash balance?
FISCAL SUMMARY Ministry of Finance and Energy Ministry of Economic Development, Planning, Trade and Cooperatives 1.Revenue collection performed well relative.
Year Review of Major Financial Funds Mount Vernon Community School District.
Statement of Cash Flows The Statement of Cash Flows provides relevant information about the cash receipts and cash payments of an enterprise during a period.
Assessing the Pro-Poorness of Government Fiscal Policy in Thailand Hyun H. Son International Poverty Centre.
Reporting and Analyzing Cash Flows Chapter 17. Purposes of the Statement of Cash Flows Designed to fulfill the following: – predict future cash flows.
McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved Chapter Thirteen: Statement of Cash Flows.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 16-1 Reporting the Statement of Cash Flows Chapter 16.
©The McGraw-Hill Companies, Inc. 2006McGraw-Hill/Irwin Chapter Twelve Statement of Cash Flows.
Apply procedures for preparing corporate financial statements.
DISTRIBUTION OF INCOME. GOVERNMENT CAN REDISTRIBUTE INCOME IN 3 BASIC WAYS:  TAXATION  TRANSFER PAYMENTS  GOODS AND SERVICES IN KIND.
Fiscal Policy. Fiscal Policy-Meaning The word fisc means ‘state treasury’ and fiscal policy refers to policy concerning the use of ‘state treasury’ or.
Fiscal policy 1. Meaning  Fisc means State Treasury  Fiscal policy may be defined as that part of governmental economic policy which deals with taxation,
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin STATEMENT OF CASH FLOWS Chapter 13.
Government budget and Taxes. Direct taxes: these take money directly from people’s incomes or from companies’ profits, – Income tax – payable on income.
PUBLIC FINANCE Samir K Mahajan, M.Sc. Ph.D. SOME BASIC CONCEPTS Public Finance: Public Finance is a subject that is concerned with the income and expenditure.
CHAPTER 14 PowerPoint Author: LuAnn Bean, Ph.D., CPA, CIA, CFE Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution.
Chapter 5 Reporting Cash Flows. The Statement of Cash Flows Identifies the primary activities that resulted in cash ________ and ________ Reports cash.
Measuring Domestic Output, National Income and the Price Level Chapter 7 Time period = 2-3 weeks.
Fiscal Policy 2.4 Fiscal Policy Definition Purpose (demand-side management) The Budget ( source of revenue, types of spending, classification ) How it.
Statement of Cash Flows Chapter Twelve McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
TAX STRUCTURE IN INDIA… TAX STRUCTURE IN INDIA… TAX PAYER GOVERNMENT.
Chapter Five The Financial Statements of Commercial Banks Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
CHAPTER 14 Statement of Cash Flows. The McGraw-Hill Companies, Inc. 2008McGraw-Hill/Irwin 14-2 Reporting Format for the Statement of Cash Flows The Statement.
Calculating GDP Expenditure vs. Income Approach AP Macroeconomics Adapted from Ms. McCarthy.
Government Finances: Fiscal Policy, Taxing and Spending Fiscal Policy Government Budget Federal Government Revenue Federal Government Expenditures State.
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Statement of Cash Flows Chapter Twelve.
BASICACCOUNTINGBASICACCOUNTING. DEFINITION OF ACCOUNTING.
Download income tax Challan 280 form BY : myincometaxrefund.inmyincometaxrefund.in.
1 Havering Council Summary Statement of Accounts Draft accounts – subject to audit.
Structure of Government Accounts
NATIONAL BUDGET.
Financial Accounting:
4.04 Statement of Cash Flows
Chapter 11 Statement of Cash Flows
WHAT’S UP WITH C&C’S CASH?
Revenue and Expenditures
Ch. 9.2 Notes : Federal Taxes
(2) Statement of Cash Flows
Measuring Domestic Output, National Income and the Price Level
Unit – V Taxes: Basics of Direct Taxes
Statement of Cash Flows
Item 11: Taxes and social contributions
Accounting, Fifth Edition
Starter Challenge: Who is the Minister for Finance in Ireland?
Accounting, Fifth Edition
Lesson L060089: Developing a Statement of Cash Flows
Total municipal sector expenditure and income Estimate for 2005
Statement of Cash Flows
Statement of Cash Flows
Statement of Cash Flows
© 2017 Junior Achievement USA® All rights reserved.
MVECA October 19, 2017 Board meeting.
Structure of Government Accounts
Household and Business Finance
Statement of Cash Flows
Item 11: Taxes and social contributions
Government Revenue and Expenditure
1 Course- CO/EJ/IF/CE/ME/AE Subject- Management Chapter- 05 FINANCIAL MANAGEMENT.
Presentation transcript:

STRUCTURE OF BUDGET BUDGET REVENUE BUDGET REVENUE RECEIPTS REVENUE EXPENDITURE CAPITAL BUDGET CAPITAL RECEIPTS CAPITAL EXPENDITURE

INCOME OF GOVERNMENT BUDGET RECEIPTS REVENUE RECEIPTS CAPITAL RECEIPTS

REVENUE RECEIPTS TAX RECEIPTS DIRECT TAX INDIRECT TAX NON-TAX RECEIPTS DIVIDEND RATE OF INTEREST FEES, FINES DONATION

CAPITAL RECEIPTS LOAN TAKEN BY THE GOVERNMENT ARE A LIABILITY MONEY RECEIVED BY THE GOVERNMENT BY SELLING THE ITS SHARE

BUDGET EXPENDITURE REVENUE EXPENDITURE OLD-AGE PENSION INTEREST PAYMENT SALARY, SCHOLARSHIP SUBSIDIES, DEFENCE CAPITAL EXPENDITURE LAND, BUILDING PURCHASE OF SHARE MACHINERY EQUIPMENTS LOAN TO THE STATE GOVN REPAYMENT OF LOAN

DEVELOPMENT EXPENDITURE NON-DEVELOPMENT EXPENDITURE PUBLIC EXPENDITURE DEVELOPMENT EXPENDITURE EDUCATION, HEALTH, INDUSTRY,ROAD, RURAL DEVELOPMENT, POWER,WATER NON-DEVELOPMENT EXPENDITURE DEFENCE,INTEREST,TAX COLLECTION,SUBSIDIESFOR POOR,PENSION

PUBLIC EXPENDITURE PLAN EXPENDITURE NON-PLAN EXPENDITURE TRANSPORT, INDUSTRY, POWER, COMMUNICATION NON-PLAN EXPENDITURE RELIEF TO EARTHQUAKE, FLOOD

DIRECT TAX INCOME TAX CORPORATE TAX MINIMUM ALTERNATE TAX(MAT) BANK CASH TRNSACTION TAX(BCTT) SECURITY TRANSACTION TAX(STT) COMMODITY TRANSATION TAX ESTATE DUTY EXPENDITURE TAX LUXURY TAX FRINGE BENEFIT TAX(FBT)[ABOLISHED] WEALTH TAX[ABOLISHED]

GOODS AND SERVICE TAX(GST) INDIRECT TAX VALUE ADDED TAX SERVICE TAX EXCISE DUTY CUSTOM DUTY GOODS AND SERVICE TAX(GST)