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.
In order to maintain social distancing and to keep the student’s productive and to bring their boredom down, the ART IN ME collective of The Bhawanipur Education society College organised an online competition on the topic Quarantine (lockdown). Last day for registration being 9th April 2020 we received seventeen entries with 30+registrations. Each and every …
“The mind is a powerful force. It can enslave us or empower us. It can plunge us into the depths of misery or take us to the heights of ecstasy. Learn how to use the power wisely.” – David Cuschieri On 22nd of April 2022, The Bhawanipur Education Society College arranged a seminar on improving …
Communique is the celebration of word: written or spoken. The Bhawanipur Education Society College (BESC) celebrated the sixth edition of the biggest college fest dedicated to the art of wielding the word, spoken and written – Communique 2018. The day long festival celebrates the lustrous and lucid world of literature and is one of its …
The Dean’s office witnessed a discussion of another sort when about twenty students spoke their hearts out, gently goaded by Professor Dilip Shah, the Dean of student affairs of the Bhawanipur Education Society College (BESC). The idea was to confront the fears that stalk us; to inculcate the habit of sharing them with our near …
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.
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In order to maintain social distancing and to keep the student’s productive and to bring their boredom down, the ART IN ME collective of The Bhawanipur Education society College organised an online competition on the topic Quarantine (lockdown). Last day for registration being 9th April 2020 we received seventeen entries with 30+registrations. Each and every …
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“The mind is a powerful force. It can enslave us or empower us. It can plunge us into the depths of misery or take us to the heights of ecstasy. Learn how to use the power wisely.” – David Cuschieri On 22nd of April 2022, The Bhawanipur Education Society College arranged a seminar on improving …
Communique – BESC celebrates the Word in all its avatar!
Communique is the celebration of word: written or spoken. The Bhawanipur Education Society College (BESC) celebrated the sixth edition of the biggest college fest dedicated to the art of wielding the word, spoken and written – Communique 2018. The day long festival celebrates the lustrous and lucid world of literature and is one of its …
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The Dean’s office witnessed a discussion of another sort when about twenty students spoke their hearts out, gently goaded by Professor Dilip Shah, the Dean of student affairs of the Bhawanipur Education Society College (BESC). The idea was to confront the fears that stalk us; to inculcate the habit of sharing them with our near …