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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.
In 2023, the Russian finance minister stated that the planned surplus of 1.4 trillion rubles from the 2022 budget had become a 3.3 trillion ruble deficit over the same period. [6] In addition, the Russian finance minister reported in April that the deficit in the first quarter of 2023 was 2.4 trillion against the expected yearly surplus of 0.4 ...
Article 40 of the Constitution stops the National Assembly and Senate from making any amendments to the total spending and revenue amounts proposed by the government. Once approved by parliament, the government may make adjustments of up to 2% to the budget without having to seek further parliamentary approval.