BALANCED AND UNBLANCED BUDGETS
A. Balanced Budgeting A Balanced Budget is that budget in which Government receipts are equal to Government expenditure. Merits
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TYPES OF BUDGETING
Performance Budgeting A performance budget reflects the goal/objectives of the organization and spells out its performance targets. These
Read moreBUDGET DEFICIT
When a government spends more than it receives by the way of revenue, it is known as the budget
Read moreCapital Budget of Government of India
Assets and liabilities of central government. Changes occurring capital is considered, shows capital requirements of government and pattern of their
Read moreGOVERNMENT BUDGET- Revenue Account
The Revenue Budget shows the current receipts of the government and the expenditure that can be met from these receipts.
Read moreCOMPONENTS OF THE GOVERNMENT BUDGET
There is a constitutional requirement in India (Article 112) to present before the Parliament a statement of estimated receipts and
Read moreGOVERNMENT BUDGET-Meaning, Elements, Objectives.
A government budget is a statement of expected expenditure of the government and the sources of financing the expenditure during
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