What do you mean by the Union Budget?
The Union Budget is the annual report of India as a country.
It contains the government of India’s revenue and expenditure for the
end of a particular fiscal year, which runs from April 1 to March 31.
The Union Budget is the most extensive account of the government’s
finances, in which revenues from all sources and expenses of all
activities undertaken are aggregated. It comprises the revenue budget
and the capital budget. It also contains estimates for the next fiscal
year.
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