
Budget 2024: A Beginners Guide To The Union Budget
NDTV
Budget 2024: The Union Budget is the annual financial statement presented by the Government of India, detailing its expected revenues and expenditures for the upcoming fiscal year, as mandated by Article 112 of the Constitution of India.
Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-2025, the first of the National Democratic Alliance government's third term, on July 23, 2024. The Budget Session is scheduled to start on July 22 and end on August 12.
The Union Budget is the annual financial statement presented by the Government of India, detailing its expected revenues and expenditures for the upcoming fiscal year, as mandated by Article 112 of the Constitution of India.
Article 112 states, "The President shall, in respect of every financial year, cause to be laid before both Houses of Parliament a statement of the estimated receipts and expenditure of the Government of India for that year."