https://www.taxtmi.com/news?id=16639 The Cabinet approved three budget reforms from Budget 2017-18: merger of the Railway Budget with the General Budget while preserving Railways as a distinct departmentally run commercial undertaking with existing functional autonomy, elimination of the capital at charge and related dividend liability enabling Gross Budgetary Support and inclusion of Railway appropriations in the main Appropriation Bill; advancement of the date of Budget presentation to enable completion of Budget business before year end and reduce reliance on Vote on Account; and merger of Plan and Non Plan classifications while retaining earmarking for SCSP/TSP and North Eastern allocations to better link outlays to outcomes and focus on revenue and capital expenditure. en-us Wed, 21 Sep 2016 16:24:32 +0530 Wed, 21 Sep 2016 16:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16639 The Cabinet approved three budget reforms from Budget 2017-18: merger of the Railway Budget with the General Budget while preserving Railways as a distinct departmentally run commercial undertaking with existing functional autonomy, elimination of the capital at charge and related dividend liability enabling Gross Budgetary Support and inclusion of Railway appropriations in the main Appropriation Bill; advancement of the date of Budget presentation to enable completion of Budget business before year end and reduce reliance on Vote on Account; and merger of Plan and Non Plan classifications while retaining earmarking for SCSP/TSP and North Eastern allocations to better link outlays to outcomes and focus on revenue and capital expenditure. News - Wed, 21 Sep 2016 16:24:32 +0530 https://www.taxtmi.com/news?id=16639