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Showing posts from December, 2025

NeW Plan

   DAY – 1 (24-12-2024) Budget  – It is a financial statement of estimated receipts and expenditure of the government during an accounting year. Objective of Government Budget – (i)                   Allocation of Resources (ii)                 Redistribution of income and wealth (iii)               Economic stability (iv)                Balanced regional development (v)                  Generation of employment Component of Government Budget A.        Revenue Budget  – it shows revenue receipts(RR)    and revenue expenditure(RE) of the government related to t...