https://www.taxtmi.com/news?id=19429 The glossary defines the Union Budget as the Government's consolidated statement of receipts and outlays with Budget Estimates, differentiates direct and indirect taxes and the constitutional scope of GST, and explains capital and revenue budgets. It sets out fiscal metrics-fiscal, revenue and primary deficits-contrasts fiscal and monetary policy, and describes institutional mechanisms including the Finance Bill, Vote on Account, Revised Estimates, Re appropriations, Excess Grants, Outcome Budget, Guillotine and the roles of the Consolidated Fund, Contingency Fund and Public Account. en-us Sat, 27 Jan 2018 12:23:52 +0530 Wed, 11 Feb 2026 15:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19429 The glossary defines the Union Budget as the Government's consolidated statement of receipts and outlays with Budget Estimates, differentiates direct and indirect taxes and the constitutional scope of GST, and explains capital and revenue budgets. It sets out fiscal metrics-fiscal, revenue and primary deficits-contrasts fiscal and monetary policy, and describes institutional mechanisms including the Finance Bill, Vote on Account, Revised Estimates, Re appropriations, Excess Grants, Outcome Budget, Guillotine and the roles of the Consolidated Fund, Contingency Fund and Public Account. News - Sat, 27 Jan 2018 12:23:52 +0530 https://www.taxtmi.com/news?id=19429