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Jan 08, 2018 05:45 PM IST | Source:

Union Budget 2018: What Is Expense Account

Union Budget Series 2018 explaining Expense Account

Moneycontrol News @moneycontrolcom

The government’s financial plans, like those of households, are about prioritising spending. It has to set aside funds for infrastructure, welfare schemes like NREGA, subsidies, and salaries among other requirements.

From 2017-18, all government spending will be listed under two heads: Revenue Expenditure and Capital Expenditure.

Watch the video to know more…
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