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.…
Posted inEconomics
INTERIM BUDGET
In India, the "Interim Budget" is a special type of budget presented by the government…
Posted inEconomics
VOTE ON ACCOUNT
In India, the "Vote on Account" is a temporary financial measure used by the government…
Posted inEconomics
STAGES OF PASSING THE BUDGET
Passing the budget in India involves a detailed and structured process that ensures parliamentary approval…
Posted inEconomics
APPROPRIATION
In the context of government finance in India, "appropriation" refers to the legal authorization by…