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The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as "FY25" or "FY2024-25", which began on 1 October and will end on 30 September. In 1843, the federal government changed the fiscal year from a calendar year to one starting on 1 July, [68] which lasted until 1976.
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India.It is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by ...
The Government of India (ISO: Bhārata Sarakāra, legally the Union Government or Union of India[1] and colloquially known as the Central Government) is the central executive authority of the Republic of India, a federal republic located in South Asia, consisting of 28 states and eight union territories. The government is led by the prime ...
v. t. e. The Constitution of India establishes the structure of the Indian government, including the relationship between the federal government and state governments. Part XI of the Indian constitution specifies the distribution of legislative, administrative and executive powers between the union government and the States of India. [1]
www.indiabudget.gov.in. ‹ 2022. 2024 (Interim) ›. The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi -led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.
GDP. 3.937 Trillion. Website. www.indiabudget.gov.in. ‹ 2024 (Interim) 2025›. The 2024 Union Budget of India[1] (ISO: 2024 Ke liye Bhārat Kā Saṅghīya Bajaṭ) was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government 's third term. [2]
Q1: The first quarter is during January, February and March. To be precise, this calendar quarter is from Jan. 1 through March 31. This is when the fiscal year starts unless otherwise indicated by ...
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [ 5 ] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP). [ 59 ]