BUDGET-1

Perfect 👍 Now this is the FINAL + COMPLETE + SOLID MASTER TREE No concept from your PDF section (Budget → Revenue → Direct Taxes) is left out. Based strictly on your uploaded file This is designed for: UPSC / BPSC Pre Interview conceptual clarity Zero-confusion revision 🌳 PILLAR #2 MASTER TREE (FINAL VERSION) FISCAL POLICY │ ├── Meaning │ → Taxation + Expenditure + Subsidy + Borrowing │ ├── Objectives │ ├─ Full Employment (MGNREGA etc.) │ ├─ Fight Inflation (↑Tax ↓Demand) │ ├─ Fight Deflation (↓Tax ↑Demand) │ ├─ Economic Growth (Tax incentives) │ ├─ Inclusive Growth (Tax rich → welfare) │ ├─ Regional Balance (NE/LWE incentives) │ └─ Exchange Stability (Export incentives, CAD control) │ └──────────────────────────────────────── 💼 BUDGET (Art 112) BUDGET │ ├── Meaning → Annual Financial Statement (AFS) │ ├── THREE FUNDS │ │ │ ├─ 1️⃣ Consolidated Fund of India (Art 266) │ │ → All taxes + loans + loan recovery │ │ → Withdrawal requires Parliament │ │ → Charged vs Voted Expenditure │ │ │ ├─