Fiscal Policy

Fiscal Policy

Fiscal policy deals with the taxation and expenditure decisions of the government.

Composition: Fiscal policy is composed of several parts. These include, tax policy, expenditure policy, investment or disinvestment strategies and debt or surplus management.

Significance: Fiscal policy is an important constituent of the overall economic framework of a country and is therefore intimately linked with its general economic policy strategy.

Annual Financial Statement

Article 112 of the Constitution requires the government to present to ....

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Indian Economy