What is government budget? state three features of a government budget in hindi?
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A government budget is an annual financial statement presenting the government'sproposed revenues and spending for a financial year that is often passed by the legislature, approved by the chief executive or president and presented by the Finance Minister to the nation.
Features of government budgets are:-
(i) It is a statement of estimates of government receipts and expenditure.
(ii) Budget estimates pertain to a fixed period, generally a year.
(iii) Expenditure and sources of finance are planned in accordance with the objectives of the government.
(Iv) It requires to be approved (passed) by Parliament or Assembly or some other authority before its implementation.
Features of government budgets are:-
(i) It is a statement of estimates of government receipts and expenditure.
(ii) Budget estimates pertain to a fixed period, generally a year.
(iii) Expenditure and sources of finance are planned in accordance with the objectives of the government.
(Iv) It requires to be approved (passed) by Parliament or Assembly or some other authority before its implementation.
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A government budget is an annual financial statement presenting the government'sproposed revenues and spending for a financial year that is often passed by the legislature, approved by the chief executive or president and presented by the Finance Minister to the nation.
[tex][/tex]
Features of government budgets are:-
(i) It is a statement of estimates of government receipts and expenditure.
(ii) Budget estimates pertain to a fixed period, generally a year.
(iii) Expenditure and sources of finance are planned in accordance with the objectives of the government.
(Iv) It requires to be approved (passed) by Parliament or Assembly or some other authority before its implementation.
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