Page 3 of Economy

Finance Bill meaning: The Finance Bill is a part of the Union Budget, stipulating all the legal amendments required for…

Fiscal policy in India: Fiscal policy is the guiding force that helps the government decide how much money it should…

Expenditure Budget definition: Expenditure Budget provides complete information about the total expenditure of the Union government in a financial year.

Customs Duty definition: We shall look into its various aspects such as how Customs Duty is calculated, different categories that…

Receipt Budget meaning: The Receipt Budget is an extensive document prepared as a part of the Union Budget of India…

Securities Transaction Tax meaning: Securities Transaction Tax, also referred to as STT, is a tax that is levied on the…

Revenue Deficit definition: Revenue deficit arises when the government’s revenue expenditure exceeds the total revenue receipts.