2. It is usual to preface the statement on the estimates of the year by a mention of any important changes that may have been made in the form of the Demands placed in the hands of Honourable Members. [...] On the other hand it has to be remembered that no provision was made at the inception of the fund for arrears of depreciation while money has been withdrawn to meet the cost of all renewals and we had a comparatively ambitious programine of works in the years immediately following the institution of the fund. [...] The financial result will be a reduction in the savings in the coming year from about 176 lakhs net after allowing for payments of compensation to the Income-tax Deparment to 103 lakhs while the combination of half the existing cut with the loss of the income-tax privileges will in effect secure speaking generally a graduated scale of salary deductions. [...] The reply is that the maintenance of the existing deductions in the case of Railway servants while half the cut was remitted in the case of the General Administrative Services would have resulted in such markedly differential treatment as could hardly have been justified by the anticipated financial results for the coming year. [...] In this way we hope to achieve a twofold object firstly the di--covery of further means of economy and secondly the preparation on -uniform lines for all the railways of a body of accurate figures and inforation as to the costs of various services and as to the methods of working which will not only enable us to check up and compare the economy efforts made on the different systems thro
- Pages
- 67
- Published in
- India
- SARF Document ID
- sarf.100003
Segment | Pages | Author | Actions |
---|---|---|---|
Frontmatter
|
i-i | unknown | view |
Members Sworn
|
727-727 | unknown | view |
Statements Laid on the Table
|
727-733 | unknown | view |
Railway Budget for 1933-34
|
734-741 | unknown | view |
Statement of Business
|
741-741 | unknown | view |
The Wheat Import Duty (Extending) Bill
|
741-741 | unknown | view |
The Indian Income-Tax (Amendment) Bill
|
741-771 | unknown | view |
The Indian Income-Tax (Second Amendment) Bill
|
771-774 | unknown | view |
The Indian Wireless Telegraphy Bill
|
774-786 | unknown | view |