Which one among the following reports states that the budget is seen, not as a simple balancing of tax receipts against expenditure but as a sophisticated process in which instruments of taxation and expenditure are used to influence the course of the Eco

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Q: 123 (CAPF/2024)
Which one among the following reports states that the budget is seen, not as a simple balancing of tax receipts against expenditure but as a sophisticated process in which instruments of taxation and expenditure are used to influence the course of the Economy?

question_subject: 

Economics

question_exam: 

CAPF

The Plowden Report on Control of Expenditure discusses the use of budgetary processes as tools for economic influence, beyond mere balancing of revenues and expenses.