From taxes to spending: Explaining Telangana govt’s budget flow - Where rupee comes from and where it goes

On Budget day, TOI breaks down the numbers, offering a snapshot of how the govt raises its money and where it channels spending across key sectors.WHERE GOVT MONEY COMES FROMGovt receipts are broadly divided into own receipts and borrowings.WHERE GOVT MONEY GOESMajor spending areas includeWHAT THE BUDGET SHOWSFinance minister presents the Annual Financial Statement, which includes:WHY GOVTS BORROWGovts borrow mainly to finance the fiscal deficit (when spending exceeds income)WHEN SPENDING EXCEEDS INCOME