Union Budget 2024:  5 Terms To Understand Budget

Fiscal Deficit

The difference between the government's total revenue and total expenses—excluding borrowings—is known as the fiscal deficit.

Gross Domestic Product

The total worth of all products and services produced in a nation during a certain time period is its GDP.

Revenue Deficit

When the government's net income is less than its total revenue expenditure, a revenue deficit arises.

Capital Expenditure

The term "capital expenditure" describes the money that the government spends on purchasing, modernizing, and preserving tangible assets.

Open Free Demat Account in just 5 Minutes!

Start Investing Today

Direct and Indirect Taxes

The taxpayer pays direct taxes to the government, while a middleman collects indirect taxes from the individual.

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Disclaimer