Tag: What is Budget?

Budgetary Control & Objectives of Budgetary Control

What is Budget? Budget is an estimate of future costs. Essential features of a budget are as follows: It is a statement expressed in monetary and / or physical units. It is laid down prior to the budget period during…

Stages Involved in Preparation of Indian Budget

Budget is a statement of estimated receipts and expenditure of the government in respect of every financial year.we can also understand the budget in a very simple way because it is prepared in every house in the beginning of every┬ámonth.…