What is Budget?

Posted byadmin Published On February 1st, 2017 Leave a comment on What is Budget?

Budget

Budget is an Annual financial statement of the estimated receipts and expenditure of the Government for the financial year. (1st April –31st March). It is presented by the Union Finance Minister in the parliament. Once passed by both the houses of parliament and approved by the President of India, the Budget comes into effect from 1st April.

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