People tend to confuse
between the Idea of Parmatma and Bhagwana in Hinduism. In Hindu
traditions Buddha is commonly referred to as Bhagwan i.e. the beholder
of good qualities (Bhag-good waan- beholder). The term God can be better
identified with the notion of Parmatma;which literally means the
universal soul. Hinduism believes in the presence of multiple truths and
respects difference of opinions. Coming to the second part of your
question; Buddha never denounced the existence of God, instead he
preferred to remain silent on the questions on meta-physical entities
like god. Interestingly Mimansa, which is considered an orthodox
ritualistic Vedic philosophy does not beleive in existence of god
as-well.
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