Even distribution of income, objective wealth and social welfare is one of the objective of budgetary policy.The government uses progressive taxation policy to reduce the inequalities of income and wealth in the country.people with higher incomes are levied higher rate of tax and people with lower income are levied lower rate of tax.people with income below a certain limit are not levied any direct tax altogether. 

(i) Tax receipt (ii) Disinvestment

(i) Tax receipt it is a revenue receipt because it does not create a liability for the government or does not lead to reduction in any asset.

(ii) Disinvestment It refers to withdrawal of existing investment.e.g. the Government of India is undertaking disinvestment by selling its shares in the Maruti Udyog.It is a capital receipt of the government,as it reduces  assets of the government

There is really nothing to choose between direct taxes and indirect taxes as such, Both of them have their relative merits and demerits.Both direct taxes and indirect taxes are not substitutes for each other.They are complementary to each other.Objectives of taxation are common, thus a mix of both should be used.

These Objectives are:

(i) To raise resources for the government.

(ii)To raise the rate of investment in the country through the curtailment of consumption.

(iii) To raise the increment saving ratio.

Similarly they differ from each other us: 

(i) Indirect taxes reach all the sectionsocietye soceity and direct taxes cannot reach all the sections of the soceity.

(ii)Direct taxes can be highly progressive; indirect taxes are generally proportional.

(iii)Indirect taxes can be easily used to influence the consumption of specific commodities;direct taxes cannot be thus,used.

In short,It is necessary to strike  a balance between direec taxes and indirect taxes as a source of tax revenue.

The two components of Government budget are Revenue Budget and Capital
Budget.
(i) Revenue Budget: Revenue budget consists of revenue receipts of the government and the expenditure. met from such revenues. The revenue receipts includes tax revenue and non-tax revenue.
(ii) Capital Budget: Capital budget consists of capital receipts and capital expenditure of the government. Capital receipts are the receipts of the government which create liability or reduce financial assets. They include market borrowing, foreign debts, repayment of loans and advances. Capital expenditure refers to the expenditure of the government, which leads to creation of assets or reduction in liabilities

(a) Revenue Deficit = RE - RR
                             =  80 - (Tax Revenue + Non-tax Revenue)
                             = 80 - (47 + 10) = ~ 23 arab
(b) Fiscal Deficit     = Borrowing (given)
                             = ~ 32 arab
(c) Primary Deficit   = Fiscal Deficit - Interest Payment
                              = 32 - 20 = ~ 12 arab

Budgetary Deficit
                         = Total Expenditure - Total Receipts
                          = 100000-88000=Rs 12000 crore

The government can through its fiscal tools of taxation and subsidies bring about fair distribution of these essential items by rationing. To further check their artificial scarcity (hoarding and black marketing), it can also use its instrument of 'Moral Suasion', so as to ensure social justice/welfare.

Government can, through the budget, influence allocation of resources via the market mechanism, with the help of taxes, subsidies and by direct participation in production. Production units which produce harmful products like liquor, cigarettes, pan masala etc. can be heavily taxed. Tax concessions and subsidies should be given to encourage those production units which produce products that are useful for the masses.
Government can also directly produce goods and services which are normally ignored by the private sector, on account of lack of enough profit from their production.

The government budget can be used to bring in economic stability. Economic stability refers to the minimization of fluctuations in prices (i.e., control of inflationary and deflationary trends) in the economy. Appropriate taxation, subsidies and public expenditure policies may be used for this purpose. When there is inflation, government can reduce its own expenditure and may impose new taxes and raise the rate of existing taxes, thus reducing aggregate demand and inflationary pressure thereby. When there is deflation, the government can increase its own expenditure. It can also reduce taxes and give subsidies to encourage spending by the people, thus increasing aggregate demand and reducing deflationary pressure thereby.