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.