Professional Documents
Culture Documents
Balance of Payments
MEP
2015 Finance A
Shamim S. Mondal
Govt. Budget
Shamim S. Mondal
Govt. Budget
Annual statement of revenue and
expenses
Receipts from
Taxes
Direct
Corporate taxes
Income Taxes
Wealth Taxes
Indirect Taxes
Sales/excise Taxes
Service Taxes
Customs duties
Shamim S. Mondal
Interest receipts
Dividends and Profits
Capital Receipts from debt recoveries
Loans (borrowings)
Shamim S. Mondal
Expenses
Planned expenditure (comes from money
spent through Planning Commission of India)
Revenue Account
Capital Account (expenditure on infrastructure
building etc.)
Unplanned expenditure
Revenue Account (Interest payment, subsidies,
pensions, health/social services)
Capital Account (Defence, loans to public
enterprises)
Shamim S. Mondal
Budget Deficit
Fiscal Deficit = Revenues earned (net
of borrowings) expenses
Primary Deficit = Fiscal deficit
Interest earnings
Current deficit = Fiscal Deficit Govt.
Investment
Shamim S. Mondal
Balance of Payments
Shamim S. Mondal
10
Shamim S. Mondal
11
Balance of payments
Current Account
Balance on Goods &
Services
Balance on Current Account
Trade Deficits & Surpluses
Shamim S. Mondal
12
Capital Account
Capital Account
Balance on Capital Account
Official Reserves
Balance of Payment
Deficits & Surpluses
Shamim S. Mondal
13
75
Rupee
depreciates
50
Rupee
appreciates
25
Quantity
Dollars
Shamim S.of
Mondal
Q
14
Shamim S. Mondal
15
16
17