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Planned expenditure is how much money a business plans to spend.
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Plan and non plan expenditures by government?
The expenditure in plan head is planned like( salary,purchase, etc.) but in case of non-plan that is renomn planned expenditure (like administration expenditure,calamity,mischalaneous etc.)
When the government expenditure is more than it's revenue than the national budget is said to have a?
deficit
How can national debt be elimined?
By balancing the budget. This can be done by increasing government income (raising taxes) and decreasing government expenditure.
What is the format for capital expenditure budget?
The format for capital expenditure budget is to list all the expenditure with their estimates. The cost of capital assets and expenditure must be provided.
Definition of budget deficit?
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
When government spending is higher than government revenue it is called?
Over expenditure
What is the essence of budget in the financial administration of a country?
Budgeting is a crucial tool in the financial administration of a country as it helps allocate resources effectively, prioritize government spending, and monitor financial performance. It sets out the government's revenue and expenditure plan, guiding decision-making and ensuring that financial goals are met. A well-planned budget facilitates transparency, accountability, and responsible fiscal management.
What is the budget of Planned Parenthood?
The budget of Planned Parenthood is 1,040,000,000 dollars.
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
What isgovernment expenditure?
Government Expenditure is Government Spending. Government expenditure is how money is used to achieve national goals.
What is meant by the term union budget or general budget?
Union Budget or general budget is the list of all planned expenditure and revenues of the Government. It is also known as the Annual Financial Statement.The union budget of India is presented by the Finance Minister on the last working day of February. The union budget of India has two components : 1. The Income and Expenditure Statements 2. Finance Bill Finance bill contains the proposals for changes or amendments in tax rates or other provisions related to direct taxes. The finance bill is then discussed in the parliament and after it is accepted by both the houses i.e The Lokasbha and The Rajyasabha it is known as the Finance Act .
What is planned savings?
Planned savings is the money you plan to save alongside your current expenditure . For example if your total expenditure of the week is going to be £15 and you have £20, your planned saving could be to save £5 as you have that left over.
