2 mins read

Annual Budget

Ankit0

Annual Budget Template

Section 1: Revenue

  • List of sources of revenue and estimated amounts for each source
  • Wages and salaries
  • Interest income
  • Rental income
  • Dividends
  • Other income

Section 2: Expenses

  • List of categories of expenses
  • Rent or mortgage
  • Utilities
  • Food
  • Transportation
  • Healthcare
  • Education
  • Entertainment
  • Clothing
  • Other expenses

Section 3: Savings and Investments

Section 4: Miscellaneous

  • Any other items not covered in previous sections
  • Miscellaneous expenses
  • Miscellaneous income

Total Budget:

  • Total revenue
  • Total expenses
  • Net income/surplus

Notes:

  • This template is for a single person, but can be adapted for couples or families.
  • The categories for expenses can be modified to fit your specific needs.
  • You can adjust the budget amounts as needed throughout the year.
  • It is important to track your spending and review your budget regularly to ensure you are sticking to your goals.

FAQs

  1. What is the annual budget of India?

    The Union Budget of India is the government’s detailed plan of estimated revenues and expenditures for a fiscal year. For FY 2024-25, the total expenditure is projected at โ‚น48.21 lakh crore.

  2. What is the annual budget period?

    The annual budget period aligns with Indiaโ€™s fiscal year, which runs from April 1 to March 31.

  3. How much does India spend in a year?

    For FY 2024-25, the government plans to spend โ‚น48.21 lakh crore.

  4. How much is the budget of India in 2024 in rupees?

    The estimated Union Budget for FY 2024-25 is โ‚น48.21 lakh crore in expenditure and โ‚น32.07 lakh crore in receipts (excluding borrowings).

  5. What is the GDP budget of India?

    The budget is typically presented as a percentage of the GDP. For FY 2024-25, the fiscal deficit target is 5.9% of GDP.

Disclaimer

Related Posts