gives a brief information about meaning. objectives and scope

1. Department of MBA

2.  Government decisions on spending and taxation that
are intended to improve or maintain the economy.
 Because the government is so large and has such an
impact on business, the decisions it makes has a Huge
influence on the economy.

3.  Common Accounting Year of Income Tax
 Long-term Fiscal Policy
 Impact on Rural Employment
 Black money
 Inadequate Public Sector contribution
 Introduction of MODVAT
 Inflationary Potential

4.  Full employment
 Price stability
 Accelerating the rate of economic development
 Optimum allocation of resources
 Equitable distribution of income and wealth
 Encouraging investment

5. The 2018-19 Union Budget, presented by Finance
Minister Arun Jaitley on Thursday was broadly focused
on 6 themes.
 Farmer
 Rural population
 The poor and the underprivileged
 Infrastructure
 Financial sector
 Tax proposals & Personal income tax

6. • Allocate 1290 Cr. for National Bamboo Mission Setting
up an Agriculture Market Fund for Rs. 2000 Cr.
• Allocate 10000 Cr. For Fisheries and Aquaculture and
Animal Husbandry fund.
• Propose to allocate 11 Lakh Crore for Instl Credit for farm
sector next FY
2.Rural Development
 Target constructing 2Cr Toilets in FY19
 Total Amt to be spent to improve Rural Livelihood to be
14.30 Lakh Cr.

7.  National health Protection Programme for 10 Cr Poor
Families.
 Rs. 5 Lakh per family per year for 10 crore families will be
allocated
 Allocate Rs. 1.38 Lk Crore in FY 19 For Govt health &
Educational Programmes.
 Allocate 1200 crore for specialized health wellness centers.
4. INFRASTRUCTURE AND RAILWAYS
 Highway construction will exceed 9000 km by end of FY18
 Allocate 1200 crore for specialized health wellness
centers.
 Allocate 11000 Cr for Mumbai Rail Network.

8.  FDI policy reforms - more than 100% of FDI inflows
are now automated.
 Women Contribution to EPF to be reduced to 8% for
first 3 years.
6. Investment
 SEBI to Mull asking large Cos to meet 25% debt from
Market
 FY 19 Disinvestment target at 80000 Cr.
 Total fiscal deficit 3.3% estimated this year.
 Total Revised expenditure of 21.57 Lk Cr. This FY.

10. Financial aspects are very important for any country, if
the country succeeded in doing that in well planned
manner, no doubt in achieving the economic stability
and also economic growth.