CFO News

JANUARY 31, 2024

India Inc braces itself for the interim budget for 2024-2025 to be announced soon. Finance Minister Nirmala Sitharaman, will be presenting her sixth union budget, rather than a full Budget ahead of the General Election in 2024.

Budgeting 105

Budgeting Finance 105

CFO Dive

APRIL 25, 2024

Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.

Budgeting 310

Budgeting Economics Planning 310

The Charity CFO

FEBRUARY 27, 2024

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. But your budget shouldn’t be a “set it and forget it” plan.

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

The Charity CFO

MARCH 29, 2024

One of the best ways to get a quick read on your organization’s financial health is to compare your nonprofit budget to actual performance. A budget to actual analysis helps you look at your estimated revenue and expense versus what your organization actually saw. This helps improve donor confidence in your organization.

Nonprofit 52

Nonprofit Budgeting CFO Prioritization 52

Centage

AUGUST 16, 2023

Finding a tool for automating budgeting helps companies maintain and grow their business in numerous ways. A solution that provides automated budgets can easily wrangle this data into absorbable metrics that tell a story. Automating budgeting cuts out literally hours of work. Less time inputting information.

Budgeting 98

Budgeting Forecasting Strategic Planning Planning 98

CFO News

MARCH 21, 2024

reflecting evolving trends in budget allocations and retention strategies. Amidst the financial landscape of 2024, CFOs are intensifying their focus on elevating employee compensation, as revealed by a recent survey conducted by Gartner Inc.,

Budgeting 111

Budgeting Prioritization 111

CFO News Room

FEBRUARY 5, 2022

The equity market witnessed some wild swings on the Budget Day, with the Sensex rebounding after losing more-than 2% from the day’s high. But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03

Budgeting 130

Budgeting Marketing Benchmarking Manufacturing 130

CFO Selections

APRIL 19, 2024

The first thing you need to know when creating a budget is that it is wrong from the start. A budget, on the other hand, is meant to be a predictive tool and a roadmap to help you get to where you are going. Think of a budget somewhat the same way. Sometimes the route has construction or other traffic impediments along the way.

Budgeting 52

Budgeting Construction Finance Accounting 52

CFO News

FEBRUARY 1, 2024

In this article, Rakesh Nangia and Rajan Sachdev delve into Finance Minister Nirmala Sitharaman's Interim Budget 2024. They highlighted that this budget presents a Sankalp (pledge) for an Unstoppable India, emphasizing inclusive growth, innovation, and the strategic importance of the India-Middle East-Europe Economic Corridor.

Budgeting 105

Budgeting Economics Finance 105

CFO News

FEBRUARY 4, 2024

Gaurav Mehndiratta, Partner and Head of Corporate and International Tax at KPMG in India, dissects the Interim Budget 2024, praising its pragmatism and measures to sustain economic growth amidst a pivotal election year.

Budgeting 59

Budgeting Economics 59

CFO News Room

FEBRUARY 5, 2022

Finance Minister Nirmala Sitharaman’s shortest Budget ever may not have met the general expectations of being a short-term consumption booster, but it surely has all the right ingredients for becoming an impactful long-term growth-oriented move. Also Read | Union Budget 2022: Solar PLI scheme corpus grows over five times to Rs 19,500 crore.

Budgeting 130

Budgeting Economics Investments Finance 130

CFO News Room

FEBRUARY 5, 2022

In her Budget speeches for 2019-20 and 2020-21, finance minister Nirmala Sitharaman referred to ZBNF as ‘innovative model for doubling farmers’ income’. To reduce import dependence, the Budget has also proposed formulation of a comprehensive scheme for boosting domestic production of oilseeds. In 2020-21, India imported 13.35

Budgeting 130

Budgeting Economics Finance Technology 130

Centage

AUGUST 29, 2023

Budget season is one of the most important times for financial teams, as it sets the tone for how well the company will grow. However, teams shouldn’t only focus on business budgeting for a month or a year. Let’s discuss those along with what you need to create a powerfully-built budget.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) Planning Forecasting 98

CFO News

FEBRUARY 4, 2024

Finance expert Robin Banerjee evaluates the Union Budget 2024, emphasizing long-term planning, infrastructure focus, fiscal responsibility, and sector-specific strategies. While praising positive moves, he points out areas that need more attention for a comprehensive economic uplift.

Budgeting 98

Budgeting Economics Finance Planning 98

CFO News Room

FEBRUARY 3, 2022

The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

CFO News Room

FEBRUARY 4, 2022

The importance of making a budget is a financial lesson that cannot be overemphasized. If you and your family want financial security, following a budget is the only answer. Below are six good reasons why everyone should create and stick to a budget. A budget helps you figure out your long-term goals and work toward them.

Budgeting 130

Budgeting Planning Securities Investments 130

CFO News Room

FEBRUARY 6, 2022

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Both of these would be addressed through the Gati Shakti initiative which is one of the cornerstones of Budget 2022-23.

Budgeting 130

Budgeting Leverage Transportation Finance 130

Spreadym

NOVEMBER 8, 2023

Collaborative budgeting is an approach to financial planning and management that involves the active participation of multiple individuals or teams within an organization. It goes beyond the traditional top-down budgeting process, where senior management sets financial targets and allocates resources.

Budgeting 59

Budgeting Communication Strategic Planning Analyzing Data 59

CFO News Room

FEBRUARY 4, 2022

Union Budget 2022: Moody’s Investors Service on Friday said India’s conservative budget assumptions leave room for the government to respond to prevailing macroeconomic and pandemic risks over the next year. India’s budget projects a narrowing in the central government deficit to 6.4 per cent in fiscal 2021. lakh crore (0.8

Budgeting 100

Budgeting Sales Accounting Economics 100

Centage

SEPTEMBER 11, 2023

Unfortunately, creating a perfect budget doesn’t mean that you’ll follow it. Budget vs actuals analysis is one of the most effective ways to maintain a clear picture of your company’s performance. Budget vs actuals analysis allows you to assess how well your organization is following its financial plans. Gather the Data.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. The government also intends to tax transfer of ‘digital assets’, widely interpreted as cryptocurrencies, at 30%.

Budgeting 130

Budgeting Currencies Finance Banking 130

CFO News Room

FEBRUARY 5, 2022

Resilience, inclusive growth, and technology-enabled development – the Budget 2022 by finance minister Nirmala Sitharaman aims to create an enabling framework to achieve these three benchmarks. While the Budget delivers on many fronts, achieving this completely would require a concentrated effort spanning multiple years and further reforms.

Budgeting 130

Budgeting Manufacturing Economics Concentration 130

Future CFO

FEBRUARY 25, 2024

Editor’s note: Have you already adopted agile budgeting? Pannie Sia (pictured), general manager, ASEAN, Workda y explains what it is, how it’s different from traditional budgeting, the benefits it brings, and how CFOs can make agile budgeting effective and successful. FutureCFO: Why do finance functions do agile budgeting?

Budgeting 52

Budgeting Concentration Finance Forecasting 52

CFO News Room

FEBRUARY 4, 2022

How the Budget platform was used for setting a roadmap for the next 25 years is indeed commendable, with something for everyone and a special focus on new-age industries like start-ups, infrastructure, blended fuel, electrical vehicles, digital currencies, blockchain technologies and renewable energy.

Budgeting 130

Budgeting Manufacturing Currencies Construction 130

Centage

MAY 23, 2023

As we approach the halfway point of 2023, it’s a good time to take a close look at your budget and determine where you and your team are succeeding versus falling short. Keep reading to learn more about the importance of a mid-year budget review and discover our expert tips for financial success.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) Forecasting Data Analysis 98

CFO News

JANUARY 11, 2024

As the budget announcement approaches on February 1, 2024, expectations are high for potential changes in taxation policies. On one side, the economists want the government to manage fiscal consolidation and spend wisely, India Inc have their own checklist.

Budgeting 105

Budgeting 105

CFO News

FEBRUARY 1, 2023

This article seeks to analyze the impact of the Indian Budget for 2023-2024 on corporate sustainability and ESG integration as the core business strategy.

Budgeting 98

Budgeting 98

CFO News Room

NOVEMBER 13, 2022

But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. During the pandemic, we saw numerous productive marketing advances, many of which were long overdue — from more agile budget allocation to accelerated digital transformation connecting marketing and e-commerce.

Budgeting 130

Budgeting Marketing Math Advertising 130

CFO News

JANUARY 28, 2024

As the interim Budget for the fiscal year 2024-25 approaches, startup CFOs converge with a shared vision, advocating transformative measures. From tax reforms to industry empowerment, their expectations collectively shape India's dynamic startup landscape.

Budgeting 104

Budgeting Startups 104

CFO News Room

FEBRUARY 5, 2022

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.

Budgeting 130

Budgeting Healthcare Manufacturing Economics 130

Centage

JUNE 2, 2023

While all of this data helps manufacturing companies to be more efficient, when it comes it comes to creating a manufacturing budget , data is also just as critical. What is a Manufacturing Budget? A manufacturing budget centers around the expenses involved in the production of a given product.

Manufacturing 85

Manufacturing Budgeting Forecasting Analyzing Data 85

CFO News Room

FEBRUARY 5, 2022

lakh crore, against the Budget estimate of Rs 12.05 Also Read| Budget 2022: FM proposes to permit taxpayers to file updated ITR on payment of additional tax. The Budget has projected a fiscal deficit of 6.4% The market was expecting net borrowing to be in the range of Rs 12.50 lakh crore to Rs 13 lakh crore. lakh crore.

Budgeting 130

Budgeting Marketing Benchmarking Planning 130

CFO News

JANUARY 25, 2024

Union Budget 2024 is next week, and the questions are many, whether it will focus on growth and boost capital expenditure or reduce spending to curtail the debt, which is significantly high. Education, health and women empowerment, and employment are the major areas which people want the finance minister to address.

Budgeting 52

Budgeting Education Finance 52

CFO Dive

JULY 14, 2023

The majoriy of finance departments studied were about as efficient as a “monster truck,” a Hackett Group researcher said. There are steps companies can take to make them run more like Priuses.

Finance 244

Finance Budgeting 244

Spreadym

DECEMBER 1, 2023

The annual budgeting process refers to the series of steps an organization undertakes to plan, prepare, and allocate financial resources for the upcoming fiscal year. These goals will guide the budgeting process. These goals will guide the budgeting process.

Budgeting 59

Budgeting Prioritization Communication CFO 59