Budget 2024: When will the full-fledged budget be presented this year?
11 months ago

Budget 2024: When will the full-fledged budget be presented this year?

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman is set to present the interim budget for FY25 on February 1. In an election year, the government typically presents an interim budget to outline expenditures and revenues until a new government is formed. The interim budget, often referred to as a 'vote-on-account,' is governed by Article 116 of the Constitution, involving an upfront allocation from the Consolidated Fund of India to cover short-term expenditures. An interim budget provides an overview of the government's expected receipts and expenditures until the new government takes charge.

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