Fiscal policy and budget

Fiscal Policy ,[object Object],[object Object]

INSTRUMENTS OF FISCAL POLICY ,[object Object],[object Object]

MEASURES OF FISCAL POLICY ,[object Object],[object Object],[object Object],[object Object],[object Object]

Role of Fiscal Policy in development of Economy Definition: Fiscal policy means the use of taxation, public borrowing & public expenditure by the government for purpose of ‘stabilization’ or ‘Development’

Role of Fiscal Policy in development of Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Budget ,[object Object],[object Object],[object Object]

Budget Revenue Budget Capital Budget Revenue Budget consist of revenue receipt and the expenditure met from such revenues.

Revenue Receipts Tax Revenue Non Tax Revenue Direct Tax Indirect Tax Commercial Revenue Interest & Dividend Administrative Revenue Fees License fees Forfeiture Fines & Penalties Escheat

Capital Budget ,[object Object],[object Object],[object Object]

Capital Receipts ,[object Object],[object Object],[object Object],[object Object],[object Object]

Capital Expenditure ,[object Object]

Budget Surplus ,[object Object],[object Object]

Budget Deficit ,[object Object],[object Object],[object Object],[object Object]

BALANCED BUDGET ,[object Object]

This year Budget (2007-08) ,[object Object],[object Object]

Provision in Budget ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],Sector Wise Allocation Of Budget Last year Present year Sector Agriculture 7391 8558 Industry & Mineral 12588 20434 Social Services 59143 80315 Rural Development 18268 20342 Irrigation & Flood Control 462 507 Transport 49819 71589 General Economic Services 2566 3632 Communication 17851 25812 General Services 542 829 Energy 68825 79158 Science, Technology & Environment 6774 8816 Total 244229 319992

Fiscal policy and budget

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