Decoding the Budget Terminology in 15 minutes скачать в хорошем качестве

Decoding the Budget Terminology in 15 minutes

This is a video decoding the Budget Terminologies. The latest budget review has also been uploaded, and can be found here    • Decoding the Budget Terminology in 15 minutes   How can we Understand the Union Budget in 15 minutes? Here is a video that will help you do so. Let’s understand some key terms in the Union Budget We look at the government receipts and expenditure, and try to decode these terms ➡️ Receipts The receipts are divided into 2 📌 Revenue Receipts: These are recurring – either through Tax or Non-Tax. 📌 Capital Receipts: Usually one-time receipts, mainly comprising of Disinvestment proceeds and Borrowings. The overall gross tax revenue is comprised of 📌 Direct taxes: Taxes on income – that we pay directly. Income tax and Corporate tax are predominant parts here. 📌 Indirect Taxes : Taxes on transactions – that we pay to an intermediary, who deposits on our behalf. Eg GST, Excise Duty on Fuels Non-Tax revenues comprise of Dividends by various PSU entities. ---- ➡️ Expenditures Here too there are 2 classifications 📌 Capital Expenditure: Any expense that creates an asset or reduces a liability for the government is capital expenditure – example – Infra spending, increasing stake in some PSU 📌 Revenue Expenditure: All other expenses are revenue expenditure (Think Interest Payments, Subsidies, etc) Capital expenditure is only about 20% of overall spending, but is growing at a CAGR of 30% over the past two years. ---------------------------------------------------------------------------- Similar videos in Macroeconomics 1) India Population Demographics    • Advantage India  - How Population Demograp...   2) Real vs Nominal GDP    • FinShiksha - Real vs Nominal GDP   3) The GDP Equation    • FinShiksha - The GDP Equation Decoded - Wh...   4) Top 5 sources of Macro Data    • FinShiksha - 5 top sources for Macroeconom...   5) Yield Curves and their interpretation    • FinShiksha - Is the Yield Curve Predicting...   ------------------------------------------------------------------------------- Follow us on YouTube -    / finshiksha   LinkedIn -   / finshiksha   Twitter -   / finshiksha   Create a free account on https://www.finshiksha.com , and get complementary access to 3 Finance Courses. Find some of the best courses on Finance on our website. --------------------------------------- FinShiksha is an IIM Calcutta alumnus venture and specializes in education in the financial services domain. But we are more than just education providers; we help you build a career – and work with you during the process. Our programs help a candidate evaluate his/her strengths and hone them, at the same time spotting weaknesses and eliminate them. We teach, we hand-hold and we guide. Our courses are built keeping in mind specific work roles, and are practical and extensive in nature. Many of our courses have projects embedded in those – to enable you to apply what you have learnt in the course. Visit our website https://www.finshiksha.com #finance #economics #financialmodeling