New Delhi: The General Budget -2021 has been introduced in Parliament. During this, Finance Minister Nirmala Sitharaman made many important announcements. In 2021, the focus is mainly on health and infrastructure. At the same time, many such announcements have also been made in the budget, due to which some everyday things have become expensive and some have become cheaper. However, there is also the question in the minds of the people that from where the money comes to the government for the budget and where the government spends money.
Actually, estimating the income and expenses of a time period according to it is called budget. At the same time, the government runs the budget according to the whole country. In such a situation, it becomes very important to understand where money comes from the public exchequer and where it is spent.
Budget 2021: Where does the money come from the government treasury for the budget and where is the expenditure, know here
Here comes the money,
tell that the government has many sources of income. The government receives money from many different places. Tax is the main source of money coming to the government. Income from corporation tax, income tax, GST, customs duty (custom duty), central excise, non-tax revenue, non-debt capital receipts, borrowings and other liabilities from the government.
Money is spent here
, the government determines its expenses in view of its income. Government expenses include payment of interest, expenditure in defense sector, schemes run by the government, financial assistance, payment of share in taxes and duties of states, pension, finance commission and other expenses.