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Credit Risk Management

 
Industry : Asset Management Functional Area : India
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rupee

Activity:  11 comments  437 views  last activity : 07 06 2010 20:18:04 +0000
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The major part of the government's revenue comes from borrowings. Consequently, the biggest chunk of expenditure is on interest payments. 


Out of every rupee that enters the government's coffers, 29 paise is from borrowings and other debt, with corporation tax contributing 22 paise and income tax another 12 paise.

Of the remaining, customs and excise duties account for 10 paise each, with another 10 paise coming from non-tax revenue. Service taxes amount to six paise, while non-debt capital receipts contribute one paise. 


On the expenditure side, 20 paise of each rupee spent is on interest payments. Then another 18 paise is on central plan outlay.

The central government has to give states 15 paise for their share of taxes and duties. Other non-plan expenditure accounts for 14 paise. 


Defence accounts for 13 paise, while subsidies on food, fertilisers and energy costs nine paise. 

Expenditure on state and union territory plan and non-plan assistance are seven and four paise, respectively. 

 

ET

 Top Comment : !manpreet $ingh   | 03 03 2009 10:17:55 +0000
We shud be happy...Money is coming...But My Dear Fren Here u made mistake while calculation...see above "customs and excise duties account for 10 paise "each" " So As per my calculation the result wud be... REVENUE ----------------------------------- borrowings.......................29 paisa corporation tax..................22 paisa income tax.......................12 paisa customs .........................10 paisa excise duties....................10 paisa non-tax revenue..................10 paisa Service taxes....................06 paisa non-debt capital receipt.........01 paisa _________________________________________ TOTAL............................100 paisa Its India Any thing is Possible.....Take Care..
 
11 comments on "Where the rupee comes from, and goes?"
  Commented by  Ajay Ziz, Dy. Registrar, university of jammu    | 04 01 2009 08:09:17 +0000
rupee comes from the RBI note printing machines : fools like us are fighting amongst us for that printed sheet :
that note goes for buying articles to please our senses : eventually everything disappears:

note se vote khareeda jaata hai , tan dakne ke liye coat bhee aur >>>>>>>>>>>>>>>>>>

kaash is note ki talab hamare hindustan se khatam ho jaya :
  Commented by  Sudeep Tarafdar, Senior Consultant, IBM    | 04 01 2009 07:41:57 +0000
Anuj you have asked a very good question i also have the same question to you imanpreeet.
  Commented by  JAPI, HR Manager, ACME Consultants    | 03 07 2009 19:30:20 +0000
amazing.......thanks for sharing...
  Commented by  Imanpreet $ingh, Student, Kathuria Group of Information Tech.    | 03 03 2009 17:04:19 +0000
Think we r calculating revenues...
  Commented by  Anuj Jain, CTO/CIO, Sshram    | 03 03 2009 16:58:49 +0000
Rating : +1 
How come borrowings be added into income?
  Commented by  Arti Arora, Branch Manager/Regional Manager, NII    | 03 03 2009 13:05:22 +0000
thanks for sharing...
  Commented by  Imanpreet $ingh, Student, Kathuria Group of Information Tech.    | 03 03 2009 10:34:00 +0000
My PLeasure Sir!!!!.....
  Commented by  Satyanarayana Naidu, Sr. Associate, IDBI Bank    | 03 03 2009 10:26:48 +0000
Rating : +1 
YA anything is possible in INDIA :)
  Commented by  Satyanarayana Naidu, Sr. Associate, IDBI Bank    | 03 03 2009 10:25:54 +0000
Rating : +2 
Thank you Manpreet Singh for pointing out my mistake.
I appreciate that you corrected me.
I just missed out on that (Naidu bad concentration):)
Good luck for the future...
  Commented by  Imanpreet $ingh, Student, Kathuria Group of Information Tech.    | 03 03 2009 10:17:55 +0000
Rating : +4 
We shud be happy...Money is coming...But My Dear Fren Here u made mistake while calculation...see above "customs and excise duties account for 10 paise "each" "

So As per my calculation the result wud be...

REVENUE ----------------------------------- 
borrowings.......................29 paisa 
corporation tax..................22 paisa 
income tax.......................12 paisa 
customs .........................10 paisa 
excise duties....................10 paisa 
non-tax revenue..................10 paisa 
Service taxes....................06 paisa 
non-debt capital receipt.........01 paisa
_________________________________________ 
TOTAL............................100 paisa

Its India Any thing is Possible.....Take Care..
  Commented by  Satyanarayana Naidu, Sr. Associate, IDBI Bank    | 03 03 2009 09:35:09 +0000



             REVENUE
-----------------------------------
borrowings.......................29 paisa
corporation tax..................22 paisa
income tax.......................12 paisa
customs and excise duties........10 paisa
non-tax revenue..................10 paisa
Service taxes....................06 paisa
non-debt capital receipt.........01 paisa 
_________________________________________
TOTAL............................90 paisa

Manpreet Singh Revenue is 90 paisa here, Where did the 10 paisa come from ???
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