Indian Annual Budgets: A review with special reference to Budget 2018
Author(s)
Pooja Patil*(Assistant Professor, Dr. D. Y. Patil B-School, Pune, Maharashtra, India), Amol Gawande (Associate Professor, Global Business School and Research Centre, Pune, Maharashtra, India) and Akarshit Singh (Student, Dr. D. Y. Patil B-School, Pune, Maharashtra, India) *Corresponding author's Email
Citation
Patil, Pooja; Gawande, Amol and Singh, Akarshit (2018), "Indian Annual Budgets: A review with special reference to Budget 2018", MERC Global’s International Journal of Management, Vol. 6, Issue 4, pp. 192-195.
Article history
Submitted: June 29, 2018, Revision received: August 10, 2018, Accepted: August 22, 2018
The government's annual budget states its priorities. It is an extensive financial statement of the money received and the expenditures over a year. It is imperative to decode the government's annual budget policy as it is linked to improving the quality of life of its citizens. This review has illustrated that India's annual budget concentrates more on the defence sector than health and education. It needs to come up with better strategies to counter its fiscal deficit
Keywords
Government, Annual budget, Taxes.
References
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