Budget

According to Article 112 of the Indian Constitution, the Indian Union Budget is referred to as the ‘Annual Financial Statement’, and it is a statement of the estimated receipts and expenditure of the government for that particular year. The Union Budget keeps the account of the government's finances for the fiscal year that runs from April 1st to March 31st and is classified into Revenue Budget and Capital Budget. The performance of last year’s budget is taken into account while preparing for budgeted estimates and guidelines of the coming year. 

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10 Chapters

10 mins read . 05 Feb 2024

Key Takeaways from Budget 2024

The Indian Finance Minister, Nirmala Sitharaman, presented the Interim Union Budget for the 2024-25 financial...

6 mins read . 30 Jan 2024

What is Union Budget?

The union budget of India, also known as the Annual Financial Statement under Article 112...

6 mins read . 27 Jan 2024

Budgetary Process in India

The Union Budget of India, also known as the annual Financial Statement in Article 112...

6 mins read . 27 Jan 2024

Who Prepares the Annual Budget?

The Indian Union Budget is created by the Ministry of Finance, working with Niti Aayog...

5 mins read . 27 Jan 2024

Impact of Union Budget on Indian Stock Market

The Union Budget of India contains a list of financial proposals and estimates and is...

5 mins read . 27 Jan 2024

What to Expect in the Union Budget 2024

As the Union Budget 2024-25 draws near, scheduled for February 1 against the backdrop of...

5 mins read . 27 Jan 2024

The History of Union Budget

According to Article 112 of the Indian Constitution, the Union Budget is a financial summary...

5 mins read . 27 Jan 2024

Importance of Union Budget in India

Since India is a Union of States, the term "Union Budget" has gained prominence. The...

4 mins read . 27 Jan 2024

Difference between Interim Budget & Union Budget

The financial scene is anticipating a turning point as Finance Minister Nirmala Sitharaman gets ready...

4 mins read . 27 Jan 2024

What is Interim Budget?

An interim budget is submitted by a government in transition or its final year of...

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