India’s Finance Minister Mr. Arun Jaitley announced the Union Budget on 28.02.2015. Before the onset of the next financial year, individuals as well as corporate houses look forward to the budget. Thus, on this note, a session on decoding the Union Budget was organized on 04.03.2015 where there were three distinguished speakers- Mr. Vivek Bajaj, Mr. Rohit Shukla and Mr. Pankaj Gupta. The speakers enlightened us with a lucid analysis of the budget.
Mr. Vivek Bajaj spoke on ‘Demystifying the Union Budget’ by drawing on the definition of Annual Financial Statement of Article 112 of the Constitution of India. He also provided a detailed understanding of the stages involved in the preparation of Annual Budget estimate by the Centre. He also gave us the basic framework of the budget focussing on the departments and subheads.
Mr. Rohit Shukla delivered his lecture on Direct Tax Proposals and briefed us on Personal Taxation. He elaborated on indirect tax saying that the general public gets the respective commodity/service in return, whereas for Indirect Tax, the tax payers do not receive any return except filling the returns. He further commented that Direct Tax have been introduced with a view to redistribute wealth from the “have’s” to the “have not’s”, i.e. aimed at reducing inequality.
Mr. Pankaj Gupta provided a bird’s eye view on the overall budget and its relevance. He took us through the various aspects of the current budget and helped in clarifying doubts which perhaps all of us had at the back of our mind. Some other relevant aspects dealt by him were education cess, wealth tax and General Anti-Avoidance Rules (GAAR).
All the eminent experts discussed several issues of the budget from their individual perspective as well as from a common man’s view point. The session as a whole was successful and the institution and its stakeholders look forward to future association and endeavor in similar efforts.
He is credited, with Samuel Coleridge, for launching the Romantic Age in English Literature. He was the Poet Laureate of Britain from 1843. And there is hardly anyone among us who has not grown up reciting “I wondered lonely as a cloud” from the Daffodils or The Solitary Reaper in school. Yes, we are talking …
To build on the concept of inclusivity the Department of Education conducted a play titled ‘Ek Aur Beethoven’ for the students of Semester 1 and 3 on 19TH October, 2023 in the Concept Hall. The event was conceptualized by Mr. Palashh Chaturvedi, a theatre expert who involved the students by elucidating the concept of inclusivity …
रगों में दौड़ते फिरने के हम नहीं क़ायल जब आँख ही से न टपका तो फिर लहू क्या है The Bhawanipur Educational Society College organized an event ‘Puchte Ho ki Ghalib kaun hai?’ in association with Bharatiya Bhasa Parishad which took place on April 26, 2022, at the College Library from 10:30 am onwards. There …
Total no of Teachers participated in the Indoor Tournament – 117 (men & women) Departments: 1) B.Com Morning 2) B.Com Afternoon & Evening 3) Science 4) Arts 5) BBA With utmost excitement and enthusiasm, the Indoor Sports Tournament for faculties was successfully conducted. There was participation in huge numbers from teachers of all departments. Everyone participated in …
Decoding Union Budget 2015-16
India’s Finance Minister Mr. Arun Jaitley announced the Union Budget on 28.02.2015. Before the onset of the next financial year, individuals as well as corporate houses look forward to the budget. Thus, on this note, a session on decoding the Union Budget was organized on 04.03.2015 where there were three distinguished speakers- Mr. Vivek Bajaj, Mr. Rohit Shukla and Mr. Pankaj Gupta. The speakers enlightened us with a lucid analysis of the budget.
Mr. Vivek Bajaj spoke on ‘Demystifying the Union Budget’ by drawing on the definition of Annual Financial Statement of Article 112 of the Constitution of India. He also provided a detailed understanding of the stages involved in the preparation of Annual Budget estimate by the Centre. He also gave us the basic framework of the budget focussing on the departments and subheads.
Mr. Rohit Shukla delivered his lecture on Direct Tax Proposals and briefed us on Personal Taxation. He elaborated on indirect tax saying that the general public gets the respective commodity/service in return, whereas for Indirect Tax, the tax payers do not receive any return except filling the returns. He further commented that Direct Tax have been introduced with a view to redistribute wealth from the “have’s” to the “have not’s”, i.e. aimed at reducing inequality.
Mr. Pankaj Gupta provided a bird’s eye view on the overall budget and its relevance. He took us through the various aspects of the current budget and helped in clarifying doubts which perhaps all of us had at the back of our mind. Some other relevant aspects dealt by him were education cess, wealth tax and General Anti-Avoidance Rules (GAAR).
All the eminent experts discussed several issues of the budget from their individual perspective as well as from a common man’s view point. The session as a whole was successful and the institution and its stakeholders look forward to future association and endeavor in similar efforts.
Related Posts
For all thatWords are Worth!
He is credited, with Samuel Coleridge, for launching the Romantic Age in English Literature. He was the Poet Laureate of Britain from 1843. And there is hardly anyone among us who has not grown up reciting “I wondered lonely as a cloud” from the Daffodils or The Solitary Reaper in school. Yes, we are talking …
Play on Inclusivity in Education and Society titled ‘Ek Aur Beethoven’
To build on the concept of inclusivity the Department of Education conducted a play titled ‘Ek Aur Beethoven’ for the students of Semester 1 and 3 on 19TH October, 2023 in the Concept Hall. The event was conceptualized by Mr. Palashh Chaturvedi, a theatre expert who involved the students by elucidating the concept of inclusivity …
A tribute to Mirza Ghalib
रगों में दौड़ते फिरने के हम नहीं क़ायल जब आँख ही से न टपका तो फिर लहू क्या है The Bhawanipur Educational Society College organized an event ‘Puchte Ho ki Ghalib kaun hai?’ in association with Bharatiya Bhasa Parishad which took place on April 26, 2022, at the College Library from 10:30 am onwards. There …
The Bhawanipur Education Society Teacher’s Indoor Tournament (men & women) 2022-23
Total no of Teachers participated in the Indoor Tournament – 117 (men & women) Departments: 1) B.Com Morning 2) B.Com Afternoon & Evening 3) Science 4) Arts 5) BBA With utmost excitement and enthusiasm, the Indoor Sports Tournament for faculties was successfully conducted. There was participation in huge numbers from teachers of all departments. Everyone participated in …