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KEY TERMS RELATED TO BUDGET
EXPENDITURE AND RECEIPTS
GROSS DOMESTIC PRODUCT
- Gross domestic product (GDP) is the monetary value of all finished goods and services made within a country during a specific period.
DEFICITS
Taxes
- DIRECT TAX
- INDIRECT TAX
- IMPACT OF TAXATION
- INCIDENCE OF TAXATION
- SURCHARGE
- CESS
BUDGET DOCUMENTS
- DEMANDS FOR GRANTS
- FINANCE BILL
- MACRO-ECONOMIC FRAMEWORK STATEMENT
- MEDIUM-TERM FISCAL POLICY CUM FISCAL POLICY STRATEGY STATEMENT
- EXPENDITURE BUDGET
- RECEIPT BUDGET
- STATEMENT OF REVENUE FORGONE
- EXPENDITURE PROFILE
- BUDGET AT A GLANCE
- MEMORANDUM EXPLAINING PROVISONS OF FINANCE BILL
- OUTCOME BUDGET
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