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MEANING & OBJECTIVES OF GOVT. BUDGET

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It is a ppt which is helpful for understanding the concept of government budget and its objectives.

Veröffentlicht in: Wirtschaft & Finanzen

MEANING & OBJECTIVES OF GOVT. BUDGET

  1. 1. Reallocation of Resources.
  2. 2. Reducing inequality of income and wealth. The govt. tries to remove inequality in income by its budget, by imposing high tax on Rich and low on Poor . This is also Known as Taxation Policy.
  3. 3. Economic Stability The Govt. prevent Situations of Boon i.e. Inflation and Depration by adopting the,  Policy of Surplus during Inflation  Policy of deficit during Depration
  4. 4. Management Of Public Expenditure Govt. establishes many large PSUs and other necessary services for its citizens ; hence budget is prepared keeping in mind for various provisions and financial needs for such arrangements .

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