Outgo

And the outgo is now at around 40 billion dollars, which is less than what it used to be.

For example, the company is spending ~CA$1.7m per quarter on professional and consulting fees - surely this outgo can be trimmed without hitting the revenue line.

I wonder whether in all administrative history there was another instance of a single individual being trusted to undertake such an onerous responsibility, involving the outgo of such a huge amount.

This may entail higher tax outgo which needs to be weighed against the greater flexibility you gain in planning your finances.

Outgo on subsidies has also come down to 6 paise of every rupee earned in the current financial year as against 7 paise in the last fiscal.

Unlike revised return, updated return can only be filed once for a particular financial year and one cannot reduce the tax outgo, claim refunds, or increase losses through an updated return.

In 2004, when the then chief minister of Andhra Pradesh (AP) started a free farm electricity scheme, the total outgo was expected to be Rs 400 crore.

Net outgo from the primary income account, primarily reflecting net overseas investment income payments, increased to US$ 7.7 billion from US$ 6.3 billion a year ago.

The 9% jump in net profit was aided by the reduction in expenses and lesser tax outgo for the July-September quarter.

The company’s net profit in last September quarter was boosted by a tax write-back of ₹1,848 crore while in this quarter it logged a tax outgo of ₹910 crore.

The ministry is likely to provide income tax relief to the middle class by about 10 per cent of their overall tax outgo for the year and also provide incentives for home buyers.

However, lenders of RCom have opposed the plea, saying that it will lead to outgo of public money for settling payment of a private party.

In India, lenders allow you to take on EMIs of up to 50 per cent of monthly disposable income, after adjusting for any fixed outgo.

Large companies can opt for the buyback option, if they decide to reward investors, as it is better than dividend payouts, which may pinch shareholders with higher tax outgo.

This makes it a cost-effective move, as you can use your loan to increase spending flexibility, and clear a portion of your loan whenever you have surplus funds, thereby reducing your interest outgo.

It said this would not entail any cash outgo after taking into account the receipts on issue of securities to the banks.

So, if the scheme was fully successful and covered entire production, the Madhya Pradesh government’s revenue outgo would be Rs 8,434 crore, and not Rs 1,900 crore.