TODAY BUDGET NEWS

A budget may be defined as a financial plan of a nation that serves as the basis for expenditure decision-making and subsequent control of expenditures. It is a financial statement of the government’s planned revenues and expenditures for the fiscal year (April-March).

A budget is, therefore, an estimate of income and expenditure for a future period. “Budgets usually contain financial data for the previous year (or years), estimated figures for the current year, and recommended figures for the coming year, for both expenditures and revenues.”

A budget for the financial year 2009-2010 contains budget estimates of incomes and expendi­tures for the year 2009-10, revised estimates of incomes and expenditures for the year 2008-09, and actual figures for the year 2007-08.

Important characteristics of a budget are noted below. Firstly, it is a statement of anticipated receipts and expenditures of the public authority. Secondly, it is usually presented every year. It means it possesses periodicity

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Today decalared all budget news

The word ‘budget’ is derived from the French word ‘bougett’ or ‘buje’which means a “small leather bag”that contains financial proposals. Usually, monthly budget proposals are made by individuals. Modern business makes annual financial proposals. Government develops national annual budget. State Governments also make annual budgets.




India’s national budget contains estimates of government expenditure and revenue of the Union Government for the coming financial year that starts from 1 April. Usually, the Union budget is presented by the Finance Minister of India in the Parliament on the last day of February.toward facilitate annual decision-making on expenditures, government prepares a budget.




A budget may be defined as a financial plan of a nation that serves as the basis for expenditure decision-making and subsequent control of expenditures. It is a financial statement of the government’s planned revenues and expenditures for the fiscal year (April-March).




A budget is, therefore, an estimate of income and expenditure for a future period. “Budgets usually contain financial data for the previous year (or years), estimated figures for the current year, and recommended figures for the coming year, for both expenditures and revenues.”.




A budget for the financial year 2009-2010 contains budget estimates of incomes and expendi­tures for the year 2009-10, revised estimates of incomes and expenditures for the year 2008-09, and actual figures for the year 2007-08.

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Modi government can give public to the budget, this big gift

new Delhi. In the coming budget, the Modi government can give great relief to the people of the country. In the general budget of 2018-1919, the government can increase the tax exemption limit as well as make changes in the tax slab. This information was given in reference to sources in a media report.

The media report says that there is a proposal to increase the personal income tax exemption limit in front of the Finance Ministry from Rs 2.5 lakh to Rs 3 lakh. However, the demand for increasing the exemption limit up to Rs 5 lakh has also been rising from time to time.

The General Budget for the year 2018-19 will be the last full budget of the current government of the Modi government. In this budget, the government is considering actively considering the middle class, which is mostly salaried class, giving great relief.

Annual income of five to ten lakh rupees can be brought in ten percent tax, while the income of 10 to 20 lakhs is expected to be taxed at 20 percent and annual income of more than 20 lakh rupees at 30 percent. is.

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