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.

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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.

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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.

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Centage

AUGUST 16, 2023

Spreadsheets like Excel can be valuable to small businesses for tracking costs and organizing their finances. 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.

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CFO News Room

FEBRUARY 5, 2022

The Finance Bill, 2022 proposes amending the RBI Act, 1934 to modify the definition of a bank note to cover digital notes issued by the central bank. The Reserve Bank of India ( RBI ) will introduce a digital rupee in the next financial year beginning April 2022 subsequent to amendments proposed in the Finance Bill, 2022.

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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

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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.

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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. By Mohit Malhotra. Around Rs 2.37 The writer is CEO, Dabur. Views are personal.

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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?

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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.

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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. The finance minister also said the IPO of LIC will be announced soon.

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Capital CFO LLC

JULY 25, 2023

Starting a business is an exciting venture, but it can also be overwhelming, especially when it comes budgeting for a startup and managing your finances. As a startup founder, getting […] The post Budgeting for a Startup: Tips for Getting Your Finances in Order appeared first on Capital CFO+.

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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.

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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. Also Read | Union Budget 2022 focuses on long-term economic growth; watch out for these sector stocks for strong gains. By Vidit Aatrey.

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Cube Software

SEPTEMBER 22, 2023

As a former 3x CFO, I've survived my fair share of budget seasons—and so has my colleague , Chris Ortega (fractional CFO and CEO of Fresh FP&A). From budget season horror stories to tales of success, Chris and I discussed it all in our recent webinar, Surviving Budget Season: 4 Proven Tactics for Finance Leaders.

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CFO News Room

FEBRUARY 4, 2022

The finance minister has managed the tough balancing act of spurring economic revival while also maintaining fiscal discipline. Crucially, while the Budget had a clear digital focus, it did not leave the needs of the grassroots unattended. The author is MD and CEO, AU Small Finance Bank. By Sanjay Agarwal. Views are personal.).

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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.

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Cube Software

AUGUST 27, 2023

Tips for aligning your budget with strategic priorities For SMBs, where financial agility can make or break success, it’s crucial to see budgeting not just as a numerical activity, but as a strategic initiative that guides the company's trajectory.

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CFO News

JANUARY 31, 2024

Since the country is heading for Lok Sabha elections, Finance Minister Nirmala Sitharaman will not be presenting a full-fledged Budget for the financial year 2024-25, but instead will be presenting an interim budget or vote on account. ETBFSI explains you what is a Vote on Account and how is it different from Interim Budget.

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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.

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CFO Dive

MAY 15, 2023

In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.

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CFO News

SEPTEMBER 4, 2023

The Ministry of Finance has started the process of preparing the interim Budget for 2024-25 by inviting inputs on expenditure from various ministries and departments. The full Budget for the next fiscal year will be presented after the formation of the new government post the Lok Sabha elections.

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Future CFO

APRIL 4, 2024

To successfully achieve autonomous finance objectives , Gartner says finance transformation leaders need to ensure other finance leaders fully understand the scope of changes that genuine transformation requires. Additionally, it is important that CFOs know the main components of an autonomous finance operating model.

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CFO News Room

DECEMBER 16, 2022

One industry that tends to be recession-resistant is finance. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.

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CFO News

FEBRUARY 1, 2024

Discover the essence of India's Budget 2024 with key tax highlights. Finance Minister Sitharaman's strategic measures promise tax stability, support for startups, and streamlined processes, shaping the nation's economic course.

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Future CFO

MARCH 21, 2024

Chief financial officers are planning to increase budgets for employee compensation, according to a survey by Gartner, Inc. Finance employee pay expectations also rising In the finance function, CFOs will also need to meet rising pay expectations, with finance employees surveyed in the fourth quarter of 2023 expecting 7% growth in base pay.

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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.

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CFO News

JANUARY 24, 2024

Finance Minister Nirmala Sitharaman observed the customary "Halwa ceremony" in North Block to mark the final stage of the Interim Union Budget 2024 preparation process. The upcoming budget is going to be an interim budget due to the upcoming elections, with the full budget to be presented in July.

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Embark With Us

OCTOBER 13, 2022

Budgeting might not be the funnest thing in the world, but oh-boy is it important. Without a budget, a business is a ship without a rudder. In other words, a budget provides an acute sense of direction and context to operations. A hiker without a compass.

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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.

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CFO News Room

FEBRUARY 6, 2022

Finance Minister Nirmala Sitharaman had allocated Rs 73,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Programme in last year’s budget too. The Centre has allocated Rs 73,000 crore for the rural jobs guarantee programme MGNREGA for 2022-23 in the Union Budget presented on Tuesday. This is 25.51

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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.

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Future CFO

FEBRUARY 12, 2024

Chief financial officers are projecting higher budget for artificial intelligence in 2024, forcing conversations on AI ambition and policies, according to a survey by Gartner. Bant points out that As AI spending increases, CFOs have a unique role to play both in determining how it will impact finance department structure.

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CFO News

DECEMBER 14, 2023

Budget 2024: In a convergence of inflation, GDP growth, and existing policies, Finance Minister Nirmala Sitharaman's interim Budget for FY25 takes center stage.

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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.

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Future CFO

AUGUST 13, 2023

In the journey towards modernisation of finance operations to support a rapidly digitalising enterprise, one of the challenges of finance leaders will be orchestrating the adoption of the right applications to support the evolving needs of the business.

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Centage

OCTOBER 23, 2023

The traditional budgeting and forecasting planning processes can be long and painful. Any number of issues can arise that render forecasts or the line items on an annual budget quickly outdated. It’s because of these challenges that many organizations have moved to driver-based budgeting and planning.

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