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boost sales by integrating ai into your crm system to manage customer relationships ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!The Union Budget is valid until the end of the financial year, March 31, and the government’s spending rights extend only until that date.If the Central Government cannot present the final budget before the end of the fiscal year, it requires parliamentary approval to incur expenses from the start of the new fiscal year until a new budget is passed.

boost sales by integrating ai into your crm system to manage customer relationships ✌️【365vc.net】✌️From ₹500 to unlimited potential. Safe and reliable investments with high monthly returns.An Interim Budget functions much like a full budget but is intended only for a temporary period.

boost sales by integrating ai into your crm system to manage customer relationships ✌️【365vc.net】✌️From ₹500 to unlimited potential. Safe and reliable investments with high monthly returns.After the Lok Sabha results were announced on June 4 and NDA came back to power for a third consecutive term, Sitharaman will be presenting the full Budget sometime later this month.The various sources from which a government raises revenue are called government receipts.

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Revenue receipts are further classified into:Tax Revenue and Non-Tax RevenueCapital Receipts:These receipts either reduce the government’s assets or create liabilities.

Major sources of capital receipts include borrowings, disinvestment (resale of shares in public sector undertakings), and recovery of loans.Capital Expenditure:This includes government spending aimed at creating assets such as roads, railway lines, canals, hospitals, schools, etc., or reducing its liabilities, such as loan repayments.Revenue Expenditure:This comprises government spending that neither reduces liabilities nor creates assets.

Examples include salary payments to government employees, provision of free health and education services, and maintenance of public property.Balanced Budget:This occurs when the Central Government’s estimated expenditure matches its expected receipts within a financial year.

boost sales by integrating ai into your crm system to manage customer relationships ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!While it promotes economic stability, it can be impractical during periods of hyperinflation or recession.Surplus Budget:This happens when the government’s expected revenues exceed its estimated expenditures in a fiscal year.

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Ministries then submit their financial data and estimates, which are reviewed by top government officials.

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Finally, the Finance Minister presents the Budget to Parliament, summarising key points and the rationale behind the proposals.

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