BALANCED AND UNBLANCED BUDGETS
A. Balanced Budgeting A Balanced Budget is that budget in which Government receipts are equal to Government expenditure. Merits
Read moreA. Balanced Budgeting A Balanced Budget is that budget in which Government receipts are equal to Government expenditure. Merits
Read morePerformance Budgeting A performance budget reflects the goal/objectives of the organization and spells out its performance targets. These
Read more When a government spends more than it receives by the way of revenue, it is known as the budget
Read moreAssets and liabilities of central government. Changes occurring capital is considered, shows capital requirements of government and pattern of their
Read moreThe Revenue Budget shows the current receipts of the government and the expenditure that can be met from these receipts.
Read moreThere is a constitutional requirement in India (Article 112) to present before the Parliament a statement of estimated receipts and
Read moreA government budget is a statement of expected expenditure of the government and the sources of financing the expenditure during
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