How Big is our Budget?

How Big is our Budget?

It is common for people to complain about the allocation of funds in India's budget, particularly in regards to certain sectors, departments, or welfare programs. However, it's worth considering whether we as taxpayers are contributing enough to the government to prepare a budget that is comparable in size to that of developed countries.

While the number of taxpayers in India has been increasing every year, it still has a long way to go before it can match the tax base of developed countries. It's important to note that the allocation of funds in the budget is not solely based on revenue generated through taxes, but also depends on the government's priorities and policies. Therefore, while increasing the number of taxpayers is important, it's equally important to ensure that funds are being allocated effectively towards the country's development. It's worth keeping in mind that this comparison is a rough estimate based on various sources and should not be taken as an exact reference.