Where India earns its rupee from and what it spends on
Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to mandatory obligations such as interest payments and state transfers. The Budget also offers insights into how the government generates revenue and allocates its funds. Let’s understand how this process works and its impact on the economy
Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to mandatory obligations such as interest payments and state transfers. The Budget also offers insights into how the government generates revenue and allocates its funds. Let’s understand how this process works and its impact on the economy
