Question

define govrenment budget​

Answer 1

Explanation:

A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues and proposed spending/expenditure for the coming financial year.

Answer 2

Answer:

(i) It is a statement of estimates of government receipts and expenditure. (ii) Budget estimates pertain to a fixed period, generally a year. ADVERTISEMENTS: (iii) Expenditure and sources of finance are planned in accordance with the objectives of the government.