General Knowledge

Budget and Taxation

बजट और कराधान

In this Class 10 General Knowledge topic from the Indian Economy chapter, students learn how a government budget plans public income and expenditure. They explore the role of taxes, the difference between direct and indirect taxes, and how tax revenue supports services such as education, healthcare, transport, and welfare. The topic also introduces ideas such as fiscal balance, public spending, and responsible financial planning, helping students understand how economic decisions affect citizens and national development.