New Delhi: With the first session of the Union Budget 2022 commencing today, it is crucial to understand the intricacies of this comprehensive statement presented every financial year. The Union Budget is presented to the Parliament in the form of an Annual Financial Statement and is mandated by the Constitution.
What is the Annual Financial Statement?
What is a Finance Bill?
What is FRBM Act 2003?
What is the Expenditure Budget?
What is Expenditure Profile in the Union Budget?
What is a Receipt Budget?
What is Revenue Deficit in the Union Budget?
What is the Consolidated Fund of India?
What is the fiscal deficit in the Union Budget?
What are Demands for Grants in Budget?
Also read: Union Budget 2022: Doha Bank CEO gives an insight into micro, macro levels of budget