Posted inEconomics
ZERO BASED BUDGETING
Zero-Based Budgeting (ZBB) is a budgeting method that requires all expenses to be justified and…
Posted inEconomics
PERFORMANCE BUDGETING
Performance Budgeting is a method of budgeting that emphasizes the outcomes and results of government…
Posted inEconomics
TRADITIONAL LINE ITEM BUDGETING
Traditional Line Item Budgeting is a conventional budgeting method used by governments and organizations, including…
Posted inEconomics
GENERAL VS RAILWAY BUDGET
In India, the budgetary system was historically divided into two distinct parts: the General Budget…
Posted inEconomics
REVENUE VS CAPITAL BUDGET
In India's budgetary framework, expenditure and receipts are classified into Revenue Budget and Capital Budget.…
Posted inEconomics
CHANGES INTRODUCED IN 2017
The Union Budget of India for the fiscal year 2017-18, presented by Finance Minister Arun…
Posted inEconomics
PLAN AND NON-PLAN EXPENDITURE
In India's budgetary system, expenditure is classified into Plan Expenditure and Non-Plan Expenditure. This classification…
Posted inEconomics
CAPITAL RECEIPTS AND CAPITAL
In India's budgetary system, receipts and expenditures are categorized into revenue and capital categories, each…
Posted inEconomics
REVENUE RECEIPT AND REVENUE EXPENDITURE
In the context of the Indian budget, Revenue Receipts and Revenue Expenditure are crucial components…
Posted inEconomics
COMPONENTS OF BUDGET
The budget in India is a comprehensive financial document presented annually by the Finance Minister.…