Railway Budget to Capture Increased Revenues and Ensure Appropriate Investments to De-Congest the System and Enhance Line Capacity

Railway Budget to Capture Increased Revenues and Ensure Appropriate Investments to De-Congest the System and Enhance Line Capacity https://www.taxtmi.com/news?id=14016 The Railway Budget 2015-16 raises passenger and goods earnings targets and projects higher gross traffic receipts while containing ordinary working expense growth through improved fuel efficiency and increased provisioning for safety. It anticipates higher lease and interest costs and targets an Operating Ratio. The Budget also allocates appropriations to the Pension Fund, Depreciation/Replacement Fund and Capital Fund to meet plan investment requirements, lease principal payments and reserve build-up for future debt obligations. en-us Thu, 26 Feb 2015 14:36:02 +0530 Thu, 26 Feb 2015 14:36:02 +0530 TaxTMI RSS Generator Railway Budget to Capture Increased Revenues and Ensure Appropriate Investments to De-Congest the System and Enhance Line Capacity https://www.taxtmi.com/news?id=14016 The Railway Budget 2015-16 raises passenger and goods earnings targets and projects higher gross traffic receipts while containing ordinary working expense growth through improved fuel efficiency and increased provisioning for safety. It anticipates higher lease and interest costs and targets an Operating Ratio. The Budget also allocates appropriations to the Pension Fund, Depreciation/Replacement Fund and Capital Fund to meet plan investment requirements, lease principal payments and reserve build-up for future debt obligations. News - Thu, 26 Feb 2015 14:36:02 +0530 https://www.taxtmi.com/news?id=14016