India Budget 2018 Updates
India Budget 2018 Updates
A Budget Deficit And its Implication in Indian Economy
India budget is presented in parliament on a date fixed by president. Part A of budget deals with general economic survey of country while part B relates to taxation proposals.
Our financial Minister is required to submit the budget in parliament usually on the last day of February so that the Lok Sabah has one month to review and modify the budget proposal.
If by April 1, the beginning of the country’s fiscal year, the parliament discuss on the budget is completed, then only the budget as proposed by the finance minister come into effect.
“A government budget is an annual financial statement showing item wise estimates of expected revenue and anticipated expenditure during a fiscal year.”
Just as your household budget is all about what you earn and spend, similarly the government budget is a statement of its income and expenditure. In the beginning of every year, government presents before the Lok Sabha an estimate of its receipts and expenditure for the coming financial year.
Read More in Gujarati News Source
click here to sandesh news
click here to Divya Bhaskar
click here to Abpasmita news
Popular Posts
- SSC Multi Tasking Staff (Non-Technical) Examination, 2016 (Paper-I) Final Answer Keys Alongwith Question Papers
- 7th Pay Related OFFICIAL Paripatra Date: 13/03/2018
- SSC Stenographers (Grade C & D) Exam 2017 Marks of the Candidates in Written Exam
- GPSSB:Bhavnagar District Talati,Junior Clerk, Gram Sevak, MPHW & FHW Recruitment Final Selection List
- BIG BREAKING NEWS :- TET 2 2017 OFFICIAL ANALYSES DECLARED BY SEB
Thursday, 1 February 2018
India Budget 2018 Updates
Related Posts :
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment