How Is The Budget Prepared? Here Are Five Things To Know

Union Budget is an annual financial statement of estimated receipts and expenditures of Government of India. Finance Minister Nirmala Sitharaman will present the full-year Budget for 2019-20 on July 5. It will be the first budget of the Prime Minister Narendra Modi government in its second term. The interim budget for the year 2019-20 was presented by then Finance Minister Piyush Goyal on February 1. Budget is prepared by the budget...