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    What Is Budget

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    Ruchi Rathi
    Budget aims to redistribute income and resources through revenue and capital receipts and expenditures. A fiscal deficit occurs when total expenditures exceed total receipts other than borrowings, and can lead to inflation, foreign dependence, and future financial burdens. India's fiscal deficit increased sharply, so the government aims to control it by decreasing interest rates and non-essential spending while increasing taxes and controlling inflation.

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    What Is Budget

    Uploaded by

    Ruchi Rathi
    34 views8 pages
    Budget aims to redistribute income and resources through revenue and capital receipts and expenditures. A fiscal deficit occurs when total expenditures exceed total receipts other than borrowings, and can lead to inflation, foreign dependence, and future financial burdens. India's fiscal deficit increased sharply, so the government aims to control it by decreasing interest rates and non-essential spending while increasing taxes and controlling inflation.

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    What is Budget

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    Budget aims to redistribute income and resources through revenue and capital receipts and expenditures. A fiscal deficit occurs when total expenditures exceed total receipts other than borrowings, and can lead to inflation, foreign dependence, and future financial burdens. India's fiscal deficit increased sharply, so the government aims to control it by decreasing interest rates and non-essential spending while increasing taxes and controlling inflation.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    34 views8 pages

    What Is Budget

    Uploaded by

    Ruchi Rathi
    Budget aims to redistribute income and resources through revenue and capital receipts and expenditures. A fiscal deficit occurs when total expenditures exceed total receipts other than borrowings, and can lead to inflation, foreign dependence, and future financial burdens. India's fiscal deficit increased sharply, so the government aims to control it by decreasing interest rates and non-essential spending while increasing taxes and controlling inflation.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 8

    what is Budget…?

    Objectives of budget
    Redistribution of income and
    wealth

    Reallocation of resources
    Components of budget

    Budget reciepts

    Revenue Capital
    reciepts reciepts
    Fiscal deficit
    • Total or budget expenditure(revenue
    expenditure + capital expenditure) – total or
    budget reciepts other than borrowings
    (revenue reciepts + capital reciepts other than
    borrowings)
    Implications

    Increase
    Causes foreign
    inflation dependenc
    e

    Accumulates
    financial Multiplies
    burden for borrowing
    future s
    generation
    • India's fiscal deficit
    soared by 34 per cent…
    Measures to control fiscal deficit..

    Decrease in
    Increase in
    rate of bank
    taxes
    intrest

    Decrease in
    Inflation
    non planned
    control.
    expenditure
    conclusion

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