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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 ...
4.9% of GDP (Target) 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.
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] Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha on 1 February 2024 following ...
The Government of India allocated Rs. 2,23,846 crore in this financial year which is increase of 137% from the previous financial year, of which 35,000 crore rupees is allocated for Covid-vaccines, 64,180 crore rupees is allocated for PM Aatma Nirbhar Swasth Bharat Yojana and other announcements are -. 17,788 rural and 11,024 urban Health and ...
Finance Minister Arun Jaitley presented Finance Bill on 21 March 2017. He has suggested major overhaul in the bill. 40 changes have been suggested by him in the existing legislations. Some of the major changes are. The cash transaction limit will be brought down to Rs. 2 lakh from the erstwhile Rs. 3 lakh limit.
The Plan Expenditure for 2015-16 was set at ₹ 465,277 crore. The Non-Plan Expenditure was estimated at ₹ 1,312,200 crore, with the total being estimated at ₹ 1,777,477 crore. [ 40 ] The government expects ₹ 1,449,490 crore as tax receipts, of which ₹ 523,958 crore will go to state governments.
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. [ 2]
Economic survey of India. The Economic Survey of India is an annual document of the Ministry of Finance, Government of India. The Department of Economic Affairs, Ministry of Finance presents the Survey in the Parliament every year, just before the Union Budget. It is prepared under the guidance of the Chief Economic Adviser of India. [1]