Union Budget of India
Union Budget of India- What is Union Budget? Union budget of India is the annual financial statement of the central government for the upcoming financial year—from April 1 to March 31—which is tabled before both houses of the parliament by the government. In other words, the budget of India is the statement of revenue and expenditure of the government. Under Article 112 of the Constitution of India, the government has to present the budget to inform both the houses about its projected income and expenditure. The budget of India is divided into two parts: Capital Budget and Revenue Budget. Apart from these, the budget of India also includes the fiscal estimates for the next financial year. Indian Union Budget 2024 India's Interim Budget 2024, presented earlier on 1 st FEB by Hon’ble Finance Minister Smt Nirmala Sitharaman, lays out the government's spending plans for the first half of the upcoming fiscal year.The Union Budget of India f...