1.

In your view, State any FOUR Objectives of Budget .

Answer»

The Objective of the Budget is to provide Direction to the Economy of the Country . The Country’s Economy Setup is Directly Affected by the Government . 

The Main Objectives of a Budget are :

  • Besides Affecting the Growth and Development of a Country, the Budget also provides a Direction to it 
  • The Budget is also very important in Increasing Production. The Tax Related Concessions and Other Reliefs helps in Increment in the Production . 
  • Generally, the Government Proposes New Taxes and Collects Loans from the Populace so as to Control its Purchasing Power in order to Control the Price Levels .
  • To Provide Momentum to Economic and Social Growth and Redistribution of Income and Wealth.


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