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Now, let's take a look at the definition, and types of Indian Union Budget. In simple words, the Union Budget, also known as the Annual Financial Statement according to Article 112 of the ...
Union Budget is the annual financial statement presented by the Finance Minister of India in the Parliament, outlining the government's expenditures and revenues for the upcoming financial year.
The expert offers a detailed explanation of important terms and figures in the Union Budget to help better understand its implications. It covers fundamental concepts like fiscal deficit ...
The Union Budget of India contains a list of financial proposals and estimates and is generally referred to as the ‘Annual Financial Statement’ under Article 112 of the Constitution of India.
The budget is presented by the Finance Minister of India in the Parliament ... certain specified taxes and duties to the states and union territories. Revenue Budget: This section details the ...
Budget 2023: Now that full details of the Union Budget are out ... it is time to take an overall view. The Indian middle class is elated over Income Tax relief, rich taxpayers are also happy ...
Explanation: The Finance Minister of India presents the Union Budget in Parliament every year, detailing the government's revenue and expenditure plans. Explanation: The Indian fiscal year starts ...
The countdown has begun for the Union Budget 2025. The most important financial exercise carried out by the Government of India will see the Ministry of Finance, headed by Nirmala Sitharaman ...
At a time when the country is talking about the Union Budget 2023, there is a budgetary term that not many know about — contingency fund. The contingency fund in simple words is a reserve of money set ...
The Union Budget attracts a lot of attention from the salaried class in India due to the possibility of revisions in the income tax slab rates each year Among the most watched statistics in the ...
1. Who presents the Union Budget of India? a) Prime Minister b) Finance Minister c) President of India d) Governor of RBI ...
Victor Dasgupta February 1, 2023 8:35 PM IST Presenting the Union Budget 2023-24 in Parliament on Wednesday, Sitharaman announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 ...