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What are the five types of budgets?

The 5 different types of budgeting used by companies are financial budget, cash flow budget, master budget, static budget, and operating budget. You can read about the Union Budget 2021-22 Summary in the given link.

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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