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01. Budget principles

01. Budget principles

  • Bottom-line surplus/deficit amount for Departmental Budget needs to align to the Budget envelop / base comparison version

  • From now on, we are doing three year budget. Current year budget is done via entries to various input templates. The next two year budget is done at high-level

  • Departments can also request a Capex budget after reviewing the Capex approval process info and following the steps mentioned therein