Join Hands to Build a Smarter India: Sign in | Join now
News

How to Prep up Your Budget

By SiliconIndia  |   Monday, 12 March 2012, 06:10 Hrs   |    1 Comments
Print Email


Bangalore: With the Union Budget right round the corner, it is your duty to make necessary amendments in your personal budget too. MoneyControl.Com puts forth a few steps to make the required changes in your monthly budget.



You can expect some key changes in the monetary policies of the government, given that our country’s economy requires major modifications. If the upcoming Budget does not spell out good news, then act now to prepare yourself for the changes. The introduction of Direct Tax Code (DTC) has left employees a bit worried as they will end up paying higher taxes in the process. Still, a few pre-budget changes have been in our favour, like – increase in tax exemption limits across various categories, like medical reimbursement. The best part of implementing a budget is its positive effect on your credit score. So, if you want to derive benefits of the upcoming Budget, employ a few changes in your personal budget –



Why Should You Have a Budget?



Having a secure budget is a mandatory requirement of all responsible people. If our government takes such pains to constitute a healthy budget for our country, then we should do too. Making a sustainable budget is not a Herculean task. So, do not run away from it at the very mention of it. Unlike a union budget, making a personal budget is cake-walk. The only thing keeping you from implementing a healthy budget is your unwillingness to change. Making a budget and sticking to it helps you save money and also helps immensely in the long-run, in terms of a good credit score. So, why run away from it when you can benefit from it?



Experts on SiliconIndia
Sunil  Bhat
Project Management
HCL Infosystems Limi
Haresh  Motirale
Founder Director
Brandniti
Jeya  Padmanaban
President
JP Research, Inc.
Sonal  Rochani
President
Shakti Foundation
Chetan  Nagaonkar
Managing Director
eStomi Technologies
Deepak  Gupta
Business Analyst
Wipro Technologies
Sarvesh  Vaidya
Senior Director - HR
Tangoe
Aarthi  G R
HRM Specialist
PlasmaGen
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
Reader's comments(1)
1: Making a good budget is more complicated than this.
Posted by:Richa - 12 Mar, 2012
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   Events   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved