Administration of territory by an occupying power. The definition does not cover military forces stationed in neutral or friendly territory that share administrative responsibilities with local civil authorities. Military government must also be distinguished from military law and martial law. Its control lasts until it either gives up power voluntarily or is overthrown. The term is popularly used for rule of a country by its own military, whether it comes to power through a coup d'état or is the legitimate governing body.
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Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard economic growth in certain areas of the economy and because views about priorities in government spending differ widely, government budgets are the focus of competing political interests. In the U.S. the federal budget is prepared by the president's Office of Management and Budget. The U.S. Congress has considerable input, influencing the budget's preparation through negotiations with the president and considering it in detail on its official submission to Congress.
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Political system by which a body of people is administered and regulated. Different levels of government typically have different responsibilities. The level closest to those governed is local government. Regional governments comprise a grouping of individual communities. National governments nominally control all the territory within internationally recognized borders and have responsibilities not shared by their subnational counterparts. Most governments exercise executive, legislative (see legislature), and judicial (see judiciary) powers and split or combine them in various ways. Some also control the religious affairs of their people; others avoid any involvement with religion. Political forms at the national level determine the powers exercised at the subnational levels; these have included autocracy, democracy, fascism, monarchy, oligarchy, plutocracy (government by the wealthy), theocracy, and totalitarianism.
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[and have powet to also make laws]
Corporate Law / MCA / SEBI: Exemption from Central Government Approval for the Payment of Managerial Remuneration
Oct 19, 2012; Edited by Hitender Mehta Exemption from Central Government approval for the payment of managerial remuneration The Ministry of...