Ministry of Finance Budget Glossary containing certain frequently used economic and financial terms in the General Budget. Posted On: 26 JAN 2018 1:54PM by PIB Delhi Please find attached here with a ‘Budget Glossary’ containing certain frequently used economic and financial terms in the General Budget.
Budget Glossary 1. Union Budget Union Budget is the most comprehensive report of the Government’s finances in which revenues from all sources and outlays for all activities are consolidated. The Budget also contains estimates of the Government’s accounts for the next fiscal year called Budgeted Estimates. 2. Direct and Indirect Taxes Direct taxes are the… Read More »