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The document outlines the key components of the Union Budget in India including revenue budget, revenue receipts, tax revenue from direct and indirect taxes, non-tax revenue sources, revenue expenditure on salaries and subsidies, capital budget, capital receipts from borrowings and market sources, and capital expenditure on purchasing assets and making investments.
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Budgetchart
- 1. UNION BUDGET REVENUE BUDGET REVENUE RECEIPTS TAX REVENUE DIRECT TAX (corporation tax,income tax etc) INDIRECT TAX (GST) NON TAX REVENUE Interest payments, Profits and dividends from PSUs, fees,fines,stamp duties etc REVENUE EXPENDITURE salaries,pensions, interest payments on pastdebts, subsidiesetc CAPITAL BUDGET CAPITAL RECEIPTS mkt borrowings, borrowings from RBI &commercial banks,fromforeign institutions, post officesavings etc CAPITAL EXPENDITURE purchaseof land,building, machinery, investment in shares, loans and advances to states