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  • Benefits of The Government

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    Rejitha Raman
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    The document shows the direct and indirect benefits received by the government from chit funds over several years. Direct benefits include service charges, guarantee commission, registration and filing fees, rates and taxes, dividends, and state insurance premiums. Indirect benefits include deposits with the treasury such as chitty security deposits, savings bank accounts, and other deposits. Both direct and indirect benefits increased over time, with total benefits growing from around 79 million in 2005-06 to over 144 million in 2009-10.

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    benefits to govt from ksfe

    Original Title

    Benefits of the Government

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    The document shows the direct and indirect benefits received by the government from chit funds over several years. Direct benefits include service charges, guarantee commission, registration and filing fees, rates and taxes, dividends, and state insurance premiums. Indirect benefits include deposits with the treasury such as chitty security deposits, savings bank accounts, and other deposits. Both direct and indirect benefits increased over time, with total benefits growing from around 79 million in 2005-06 to over 144 million in 2009-10.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views7 pages

    Benefits of The Government

    Uploaded by

    Rejitha Raman
    The document shows the direct and indirect benefits received by the government from chit funds over several years. Direct benefits include service charges, guarantee commission, registration and filing fees, rates and taxes, dividends, and state insurance premiums. Indirect benefits include deposits with the treasury such as chitty security deposits, savings bank accounts, and other deposits. Both direct and indirect benefits increased over time, with total benefits growing from around 79 million in 2005-06 to over 144 million in 2009-10.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 7

    BENEFITS TO THE GOVERNMENT

    PARTICULARS
    DIRECT BENEFITS:
    Service Charges
    Guarantee Commission
    Registration and Filling Fee
    Rates and Taxes
    Dividend
    State Insurance Premium
    TOTAL

    2005-06
    2006-07
    (in lakhs ) (in lakhs)

    2007-08
    (in lakhs)

    980.73
    932.41
    422.79
    10.65
    200
    22.1
    2568.68

    1084.75
    907.41
    595.54
    8.92
    200
    21.57
    2818.19

    1413.68
    1026.32
    920.7
    9.34
    200
    17.31
    3587.35

    Chitty Security Deposit( with Treasury)


    Savings Bank Account (with Treasury)
    Other Deposit (with Treasury)
    TOTAL

    22124.67
    274.37
    54227.31
    76626.35

    25775.54
    307.49
    47417.57
    73500.6

    34445.8
    378.78
    46755.87
    81580.45

    GRAND TOTAL

    79195

    INDIRECT BENEFITS:

    76318.79 85167.8

    RNMENT
    2008-09
    (in lakhs)

    2009-10
    (in lakhs)

    2037.37
    1026.32
    1297.3
    9.98
    200
    13.3
    4584.27

    2931.15
    1176.8
    1798.21
    11.71
    400
    16.52
    6334.39

    46627.67
    1408.19
    46848.98
    94884.84

    62441.83
    382.62
    74873.49
    137697.94

    99469.1 144032.3

    BENEFITS TO THE GOVERNMENT


    DIRECT BENEFITS:
    2005-06

    2006-07

    2007-08

    980.73
    932.41
    422.79
    10.65
    200
    22.1
    2568.68

    1084.75
    907.41
    595.54
    8.92
    200
    21.57
    2818.19

    1413.68
    1026.32
    920.7
    9.34
    200
    17.31
    3587.35

    2005-06

    2006-07

    2007-08

    Chitty Security Deposit( with Treasury)


    Savings Bank Account (with Treasury)
    Other Deposit (with Treasury)
    TOTAL

    22124.67
    274.37
    54227.31
    76626.35

    25775.54
    307.49
    47417.57
    73500.6

    34445.8
    378.78
    46755.87
    81580.45

    GRAND TOTAL

    79195.03

    76318.79

    85167.8

    Service Charges
    Guarantee Commission
    Registration and Filling Fee
    Rates and Taxes
    Dividend
    State Insurance Premium
    TOTAL

    DIRECT BENEFITS
    INDIRECT BENEFITS

    2005-06
    2568.68
    76626.35

    2006-07
    2818.19
    73500.6

    DIRECT AND INDIRECT BENEFITS


    160000
    140000
    120000
    100000
    80000

    2007-08
    3587.35
    81580.45

    100000
    80000
    60000
    40000
    20000
    0
    2005-06

    2006-07

    2007-08

    DIRECT BENEFITS

    BENEFITS TO THE GOVERNMENT

    2008-09

    2009-10

    INDIRECT BENEFITS

    2005-06
    79195.03

    2006-07
    76318.79

    2007-08
    85167.8

    BENEFITS TO THE GOVERNMENT


    160000
    140000
    120000
    100000
    BENEFITS TO THE
    GOVERNMENT

    80000
    60000
    40000
    20000
    0
    2005-06 2006-07 2007-08 2008-09 2009-10

    RNMENT

    DIRECT BENEFITS

    2008-09

    2009-10

    7000

    2037.37
    1026.32
    1297.3
    9.98
    200
    13.3
    4584.27

    2931.15
    1176.8
    1798.21
    11.71
    400
    16.52
    6334.39

    6000

    Dividend

    5000

    Rates and Taxes

    4000

    Registration and Filling Fee

    State Insurance Premium

    Guarantee Commission

    3000

    Service Charges
    2000
    1000
    0

    2008-09

    2009-10

    46627.67
    1408.19
    46848.98
    94884.84

    62441.83
    382.62
    74873.49
    137697.94

    99469.11

    144032.33

    INDIRECT BENEFITS
    140000
    120000
    100000
    80000
    60000
    40000

    2008-09
    4584.27
    94884.84

    2009-10
    6334.39
    137697.94

    20000
    0
    2005-06

    2006-07

    2007-08

    Other Deposit (with Treasury)


    Chitty Security Deposit( with Treasury)

    2008-09

    2009-10

    Savings Bank Account (with Treasury)

    2008-09
    99469.11

    2009-10
    144032.33

    State Insurance Premium

    Rates and Taxes

    Registration and Filling Fee

    Guarantee Commission

    Service Charges

    2009-10

    count (with Treasury)

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