What is the budget? What are the Objectives of a Budget ? importance of budgeting |

Описание: Types of Budget | Halwa Ceremony in the Budget | Process of Presenting the Budget in India |
Objectives of Government Budget | Budget kya Hota hai | sources of public revenue |



The word "budget" is derived from the French word "bougette". The word "bougette" is also derived from "bouge" which means leather bag.
A budget is an account of the income and expenditure of the government in a given period, that is, in the budget, it is told from where the money came to the government and where did it go?
In the budget speech, the Finance Minister tells the whole country from which sources he/she will get money in the past, present, and next financial year and on which items it will be spent?
Actually, in the budget, there is an account of the income and expenditure of the central government for 3 years. The Finance Minister tells in Parliament how much was the income and expenditure of the government last year, how much it is in the current year, and how much is expected to be 'income and expenditure' next year.
In this way, through the budget, the government tells the whole country that it is using every penny of the public's earnings in a planned manner.

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