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
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Read moreBUDGET DEFICIT
When a government spends more than it receives by the way of revenue, it is known as the budget
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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
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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.
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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
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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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