Search results
Results from the WOW.Com Content Network
Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha on 1 February 2024 following the necessary approval from the President of India. During this presentation, the Finance Minister highlighted the crucial aspects of the document and justified the underlying thought process behind the proposed initiatives.
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]
An interim budget is not the same as a 'Vote on Account'. While a 'Vote on Account' deals only with the expenditure side of the government's budget. An interim budget is a complete set of accounts, including both expenditure and receipts. An interim budget gives the complete financial statement, very similar to a full budget.
Treasury needs to borrow to pay the bills since the US spends more than it collects in revenue, resulting in a budget deficit. The nation’s debt currently stands at $36.2 trillion. Reforms for ...
The budget set aside ₹ 6,000 (US$72) for farmers having up to 2 hectares of land. The amount is available in 3 equal installments of Rs.2000 each under Pradhan Mantri Kisan Samman Nidhi . ₹ 3,000 (US$36) per month pension after 60 years of age to unorganized sector labor under Pradhan Mantri Shram Yogi Mandhan .
The cuts came about due to a $13 million budget shortfall that was reported last summer, and led to the demise […] Interim BU President provides update as budget cuts take effect Skip to main ...
With your budget in place, decide the best use for any “extra” money during this pay period that doesn’t need to go to bills. Some options for this money include: Add it to your emergency fund .
The 2019 Union Budget of India was presented by Finance Minister, Nirmala Sitharaman on 5 July 2019, 11 am as her maiden budget. [1] This was the first budget of Narendra Modi led NDA government second term.