« Top Headlines » Open DEMAT Account in 24 hrs  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025 «  Now, CAs can train more article clerks... Confusion over service tax... » Panel studies outcome budget April, 21st 2007 A committee under the chairmanship of former Union minister Suresh Prabhu has been set up by the Institute of Chartered Accountants of India (ICAI) through the ICAI Accounting Research Foundation (ARF) to strengthen the system of outcome budget.    The committee has participation from experts from organisations including the Comptroller and Auditor General of India and National Council of Applied Economic Research, select CMDs of Public Sector Undertakings, and chartered accountants.    The committee has undertaken various case studies to form a conceptual framework for the outcome budget. The committee was constituted following the finance ministers emphasis on outcome budget and its intended objectives.