budget Glossary

AD-VALOREM DUTIES

ANNUAL FINANCIAL STATEMENT

APPROPRIATION BILL

BALANCE OF PAYMENTS

BALANCE OF TRADE

Banking cash transaction tax (BCTT)

UDGETARY DEFICIT

BUDGET ESTIMATES

CAPITAL GOODS

CAPITAL BUDGET

CAPITAL PAYMENTS

CENVAT

CESS

CURRENT ACCOUNT DEFICIT

CURRENT ACCOUNT SURPLUS

CUSTOM DUTIES

COUNTERVAILING DUTIES (CVD)

CONSOLIDATED FUND

CONSUMER PRICE INDEX

CONTINGENCY FUND

CAPITAL EXPENDITURE

CAPITAL RECEIPT

CENTRAL PLAN OUTLAY

DIRECT TAXES

DISINVESTMENT

DEMAND FOR GRANTS

EXCISE DUTIES

FINANCE BILL

FISCAL DEFICIT

FISCAL POLICY

FRINGE BENEFIT TAX (FBT)

FRBM ACT

GROSS DOMESTIC PRODUCT

GROSS NATIONAL PRODUCT

GST

INCOME TAX

INDIRECT TAXES

INFLATION

MINIMUM ALTERNATE TAX (MAT)

MODVAT

MONETIZED DEFICITMONETIZED DEFICIT

NATIONAL DEBT

NON-PLAN EXPENDITURE

NON-TAX REVENUE

PEAK RATE PEAK RATE

PERFORMANCE BUDGET

PER CAPITA INCOME

PROGRESSIVE TAX STRUCTURE

PUBLIC ACCOUNT

PUBLIC DEBT

PLAN EXPENDITURE

PLAN OUTLAY

PRIMARY DEFICIT

PROPORTIONAL TAX

REGRESSIVE TAX

REVENUE DEFICIT

REVENUE SURPLUS

REVISED ESTIMATES

REVENUE BUDGET

REVENUE RECEIPT

REVENUE EXPENDITURE

SUBSIDIES

SUBVENTION

SURCHARGE

SECURITIES TRANSACTION TAX (STT)

TREASURY BILL (T-BILLS )

VAT

VOTE ON ACCOUNT

WAYS AND MEANS ADVANCE (WMA)

WHOLESALE PRICE INDEX