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Budgeting Problem of Bangladesh

In: Business and Management

Submitted By Taharat
Words 1192
Pages 5
1.2 Objectives
The topic chosen for the assignment is “Problems & Solutions of Government Budgeting in Bangladesh”. The underlying objectives of this assignment can be classified in the following two types,

Broad Objective: • To analysis the overall government budget for last two years.

Specific Objectives: • To identify the problem of government budget in Bangladesh. • To describe the present of social accounting. • To depict the objective of social accounting. • To elucidate the companies of social accounting in Bangladesh. • To depict the solutions of budgeting problem in Bangladesh.

1.3 Scope
This assignment focuses on the government budgeting in Bangladesh. So, to identify the problems and give the solutions of it is the main concern of the assignment. A government budget is a legal document that is often passed by the legislature, and approved by the chief executive-or president. The study mainly deals with the problems & solutions of government budgeting in Bangladesh.

2.1 Government Budget
A government budget is a legal document that is often passed by the legislature, and approved by the chief executive-or president. Every year Bangladesh government proposed their yearly budget on the month July. For example, only certain types of revenue may be imposed and collected. Property tax is frequently the basis for municipal and county revenues, while sales tax and/or income tax are the basis for state revenues, and income tax and corporate tax are the basis for national revenues. The two basic elements of any budget are the revenues and expenses. In the case of the government, revenues are derived primarily from taxes. Government expenses include spending on current goods and services, which economists call government consumption; government investment expenditures such as infrastructure investment or research expenditure; and

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