Government budgets in India are of three different types. Surplus budget, balanced budget, and deficit budget are the three different budgets. You can read about the Union Budget 2022-23 Summary in the given link.

Some of the different types of budgets used by companies are sales budget, financial budget, operating budget, marketing budget etc.

Further readings:

  1. Taxation in India – Direct taxes & Indirect Taxes, Features of Taxation System
  2. Revenue Receipts- Tax Revenue and Non-Tax Revenue
Related Links
Important Economic Terms Related to Union Budget DTAA – Countries Involved, Income Tax Provisions, Benefits
Fiscal Responsibility & Budget Management (FRBM) Act – UPSC Economics Notes Difference between Economic Survey and Union Budget
Goods and Services Tax Council – Background and Composition [UPSC Polity Notes] Previous Years Economy Questions in UPSC Prelims [2013-2021]
Interim Budget – Difference between Interim Budget & Vote-On-Account  Economics Notes For UPSC IAS Examination

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