Budget 2020: Do you know where the money comes from and where it goes? Here are all details

What will be the government's income and its expenses? Zee Business Online explains in a simple way

Budget 2020: Finance Minister Nirmala Sitharaman on Saturday presented her first full Budget 2020

Budget 2020: Finance Minister Nirmal Sitharaman on Saturday presented her Full Budget of Modi 2.0. While the 2 hr 40 mins long Budget speech had outlined the roadmap on government spending in the fiscal year 2020-21 (April-March) in a detailed way; what is in store for the industry and common man among, taxation schemes among others. But for a common man, the biggest question is at the end of the day what will the government have in its hand and what will be the outgo for it. The common man also wants to know where he can save money from and where he will have to spend. (#BudgetOnZee)

Zee Business will try to explain it to you in a much simple way on the basis of a PTI report.

Let us try to explain it to you on the basis of Rs 1.

TRENDING NOW

Where will the money come from and where will it go for the Government?
Debts and expenses - 20 paise
The central governmnet sponsored schemes - 9 paise
Corporate tax - 18 paise
The central government sectora schemes - 13 paise
Personal income tax - 17 paise
Interest income - 18 paise
Goods & Services Tax - 18 paise
Defense- 8 paise
Custom Duties - 4 paise
Subsidies- 6 paise
Union Excise Duties- 7 paise
Finance Commission and other transfers -10 paise
Non tax revenues- 10 paise
States' share of taxes and Duties - 20 paise
Non Debt capital receipts - 6 paise
Pension- 6 paise
Other expense- 10 paise
Total- 1 rupees.

Watch Union Budget 2020 Live TV Streaming Below on Zee Business:

Most part of every rupee from the government expenditure goes to the states. Interest payment, Defence, Central sponsored sectoral schemes are some of the top expenditures for the government.

TAGS: