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The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India 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 ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$32 billion) 2023-24 [1] Arunachal Pradesh ₹ 29,657 crore (US$3.4 billion) 2023-24 [2] Assam ₹ 321,000 crore (US$37 billion) 2023–24 [3] Bihar ₹ 261,885 crore (US$30 billion) 2023–24 [4] Chhattisgarh ₹ 121,500 crore (US$14 billion) 2023–24 [5] Delhi
The defence budget of India was increased to ₹ 621,940 crore (US$71 billion) in the 2024-2025 union budget from ₹ 593,538 crore (US$68 billion) during last year. This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25. [15]
The 2024 Interim-Union Budget of India [1] provides comprehensive information regarding the projected revenue and government spending for the fiscal year 2024–25, commencing on 1 April 2024 and concluding on 31st March 2025. [2] [3] [4]
Railway budget of India was the Annual Financial Statement for Indian Railways administered by the Railway Board, ... This page was last edited on 13 December 2024, ...
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. The first budget of India was presented on April 7 1860 by Scotsman James Wilson.