The extreme surface temperature of Venus, which reaches upto 463 degree celsius, makes it unlikely for any water based organisms to survive, let... View Article
There was a need for tax reforms in India to ensure international competitiveness and to meet the requirements of the market economy.You can read... View Article
Tax reforms means changing the way taxes are managed or collected. Tax reforms involve making the system more accountable, and simplifying the... View Article
The Ministry of Finance in consultation with other Ministries and NITI Aayog prepares the Union Budget. The nodal body for producing the budget... View Article
K. Shanmukham Chetty presented the first ever budget of Independent India on 26th November 1947. Before independence, it was British economist... View Article
Currently one can say that the budget presented by the Government is deficit budget. Rs 34,83,236 crore is the proposed expenditure of the Union... View Article
Deficit budgets are better suited for developing economies. Whenever there is a recession, a deficit budget will help in generating employment... View Article
The 2 main parts of a Government budget are revenue and expenditure of the Government. The Government gets its major share of revenue from Goods... View Article
The 5 different types of budgeting used by companies are financial budget, cash flow budget, master budget, static budget, and operating budget.... View Article
The 7 different types of budgeting used by companies are strategic plan budget, cash budget, master budget, labor budget, capital budget,... View Article
The Indian budget i.e. the Union Budget was presented on the last working day of February till 2016. Post 2016, the Indian budget was presented... View Article
Based upon the revenue expected by the Government and based on the estimated expenditure of the Government, the budget of Government can be... View Article
Government budgets in India are of three different types. Surplus budget, balanced budget, and deficit budget are the three different budgets.... View Article
Based on the estimates there are three types of Government budgets in India, they are, surplus budget, balanced budget, and deficit budget. You... View Article
For 2020-21, the fiscal deficit was at 9.3% of the GDP. In the revised budget estimates, the Government had estimated the fiscal deficit to be... View Article
Fiscal deficit is usually mentioned in absolute terms or as a percentage of GDP. Fiscal deficit means the excess expenditure of the Government,... View Article
Desert Development Programme was introduced to minimise the adverse effect of drought and control desertification through rejuvenation of the... View Article
Important elements of Drought Prone Area Programme: Providing employment to the people in drought-prone areas and creating productive assets.... View Article
Under Hill area development Programme, the National Committee on the Development of Backward Area in 1981 recommended that all the hill areas in... View Article
HDAP was initiated during Fifth Five Year Plan. The features of the Hill Area Development Programme are: It covers 15 districts comprising... View Article
