SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us News and Articles on Depreciation Reserve Budget '08: Steeling up the railways  Feb 27, 2008 The estimate for working expenses has been kept 20% higheron account of higher provision for depreciation reserve fund, pension fund and a Rs 5000 crore provision for anticipated recommendations of the sixth pay commission. Even the cash surplus next year is estimated to be at Rs 24, 873 crore, below the Rs 25,000 crore achieved this year. (India Times) Legislative Hearings SchedulePosted on March 21  Mar 22, 2007 HB426, Ross, Eliminate limit on county road and bridge depreciation reserve funds. . (Missoulian, MT) Feel-good train  Mar 14, 2007 Starting with the revised estimates for 2005-06, the Railways' accounting system made some changes that removed the allocations for the Depreciation Reserve Fund (DRF) from its classification of working expenses. This had the effect of inflating the "cash surplus" projected in the Railway Budget. (Frontline) Rly to put its money where its tracks are  Feb 27, 2007 An allocation of Rs 5,500 crore has been made for the depreciation reserve fund for 2007-08. Of the Rs 17,000-crore SRSF, most renewals of tracks, bridges, track circuiting and rolling stock will be completed by March 07 and remaining works will be completed by March 08. (India Times) Back to Law News [ Terms Of Use | Privacy | About ] ©1998-2008 SurfWax, Inc. All rights reserved. Patents pending. Copyright SurfWax, Inc. 2008