Budget 2023: What are different kinds of budget presented by Centre?
1 year, 11 months ago

Budget 2023: What are different kinds of budget presented by Centre?

Hindustan Times  

All eyes are on finance minister Nirmala Sitharaman's Budget 2023 on February 1. A financial statement of the government’s expected receipts and expenses for the upcoming fiscal year, the union budget offers a bird’s eye view of the state of the economy. Balanced Budget: A budget is considered balanced when the estimated government expenditure is the same as the expected revenue in a certain financial year. Surplus Budget: When the government revenue surpasses the expected expenses in a financial year, it is categorised as surplus budget. Deficit Budget: A deficit budget is when the government’s expenses overshoot the revenue during a fiscal year.

Expenses Financial Budget Revenue Surplus Budget  receipts  budget  taxes  centre  surplus  financial  expenses  revenue  presented  union  balanced  2023  different  governments  kinds

History of this topic

Union Budget 2024: Where does Centre spend the most money?
5 months ago

Union Budget 2024: Where does Centre spend the most money?

Hindustan Times  

Union finance minister Nirmala Sitharaman presented Union Budget in Parliament of Tuesday. Union Budget 2024: Union finance minister Nirmala Sitharaman with the Budget tablet arrives at the Parliament to present the Union Budget 2024-25 during the Monsoon Session, in New Delhi on Tuesday. "The fiscal consolidation path announced by me in 2021 has served our economy very well, and we …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months ago

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards

Firstpost  

As the country waits with bated breaths for the 2024 Union Budget, here’s a look at some of the big themes experts believe will take centre stage With the completion of the customary Halwa Ceremony, Finance Minister Nirmala Sitharaman is all set to table the 2024 Union Budget. Key themes before Sitharaman shows her cards According to analysts, the following …

Union Budget 2024: Your quick guide to the document and why it is being presented in July this year
5 months, 2 weeks ago

Union Budget 2024: Your quick guide to the document and why it is being presented in July this year

Hindustan Times  

What is the Union Budget? Union Finance Minister Nirmala Sitharaman with the interim budget of 2024 The budget highlights the financial priorities of the government and therefore, acts as a roadmap for the nation’s finances. The union budget 2024 is scheduled to be presented on July 23, 2024 by Finance Minister Nirmala Sitharaman, who will become the first finance minister …

Budget 2024 Date Announced: FM Sitharaman To Present Union Budget On July 23
5 months, 2 weeks ago

Budget 2024 Date Announced: FM Sitharaman To Present Union Budget On July 23

News 18  

Budget 2024 Date: The Union Budget for the financial year 2024-25 will be presented in the Lok Sabha on July 23. Union Budget 2024 Date Announcing the date, Minister of Parliamentary Affairs Kiren Rijiju posted on X, “Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament …

Budget to confirm a surplus this year, but bigger deficits for the next three years
7 months, 1 week ago

Budget to confirm a surplus this year, but bigger deficits for the next three years

ABC  

In short: The federal budget will reveal a $9.3 billion surplus for the 2023-24 financial year, which ends next month. The federal budget will reveal a $9.3 billion surplus for the 2023-24 financial year, which ends next month. But the next three financial years will each have higher deficits than the government had expected as recently as December, owing to …

How share markets responded to Union Budget over the last 10 years
10 months, 3 weeks ago

How share markets responded to Union Budget over the last 10 years

Hindustan Times  

The Union Budget not only announces important financial changes and new schemes but also reflects the current state of the economy. The Manmohan Singh government's finance minister P Chidambaram presented the Union Budget on February 17, which saw a positive movement in the BSE Sensex, which was 97.20 points higher, settling at 20,464.06. Follow- Budget 2024 LIVE Updates Union Budget …

Did you know? Budget was presented at 5pm, not 11am, till 1999. Here's why
10 months, 3 weeks ago

Did you know? Budget was presented at 5pm, not 11am, till 1999. Here's why

Hindustan Times  

Finance Minister Nirmala Sitharaman is set to announce her sixth consecutive Budget on February 1. Yashwant Sinha suggested that the Budget should be presented at 11 am as it would allow time to analyse numbers and this would also allow more informed debate in the Parliament. On February 27, 1999, Yashwant Sinha presented the Budget at 11 am for the …

Budget 2023: Key terms in the budget explained
10 months, 3 weeks ago

Budget 2023: Key terms in the budget explained

Hindustan Times  

Union Finance Minister Nirmala Sitharaman is set to present the interim Budget 2024 in Parliament on February 1- the last budget before the country goes into general elections. Here are some important terms that you should understand to be able to comprehend the budget announcements better: Budget 2023: Union Finance Minister Nirmala Sitharaman is seen. Consolidated Fund The entire revenue …

Interim Budget 2024: What is it and how is it prepared?
10 months, 3 weeks ago

Interim Budget 2024: What is it and how is it prepared?

Hindustan Times  

The Union Budget is an annual financial statement- declaration of the government's expected receipts and expenditures for the year- as per Article 112 of the Indian Constitution. The Budget accounts for the government's finances during the fiscal year that runs from April 1 to March 31. Budget 2024: The Budget accounts for the government's finances during the fiscal year that …

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 …

Explainer: Why Union Budget 2024 will not be a full-fledged one
11 months ago

Explainer: Why Union Budget 2024 will not be a full-fledged one

Hindustan Times  

A brief Budget session of Parliament, the last of the 17th Lok Sabha, will be held between January 31 and February 9. During the session, the interim budget for 2024-25 will be tabled by Union Finance Minister Nirmala Sitharaman on February 1. Why a full budget will not be presented this year In an election year, the Union government tables …

Budget 2024: Here's why budget presentation date was shifted from February 28 to February 1
11 months ago

Budget 2024: Here's why budget presentation date was shifted from February 28 to February 1

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman is set to deliver her budget speech on February 1. The Annual Financial Statement, also known as the Union Budget, is a government document that outlines projected expenses and revenues for the upcoming fiscal year, seeking parliamentary approval. The change in the budget presentation date was initially announced by former Finance Minister Arun …

Budget 2024: Here are the most common FAQs on Union Budget
11 months, 3 weeks ago

Budget 2024: Here are the most common FAQs on Union Budget

Hindustan Times  

All eyes are on finance minister Nirmala Sitharaman ahead of the annual February 1 Union Budget. People watch an earlier Union Budget being presented by Finance Minister Nirmala Sitharaman in the Parliament. It can also be described as a ‘comprehensive document that outlines the government’s economic and fiscal policies for the next fiscal year.’ Preparation of budget The process begins …

Union budget 2024: From where does Centre get money for expenditure?
11 months, 3 weeks ago

Union budget 2024: From where does Centre get money for expenditure?

Hindustan Times  

The budget is an annual financial statement that outlines the government’s proposed expenditures and revenues for the upcoming fiscal year, beginning on April 1st and concluding on March 31st of the following year. It is presented by the union finance minister in Parliament and serves as a comprehensive document outlining the government’s economic and fiscal policies for the next fiscal …

Budget 2024: How Union budget is prepared? Explained in 7 points
11 months, 4 weeks ago

Budget 2024: How Union budget is prepared? Explained in 7 points

Hindustan Times  

The budget is an annual financial statement that lays out the government’s proposed expenditures and revenues for the upcoming fiscal year, which begins on April 1st and ends on March 31st of the following year. Nirmala Sitharaman, Union minister for finance and corporate affairs along with the ministers of state for finance, Pankaj Chaudhary and Dr. Bhagwat Kishanrao Karad and …

Key takeaways from Union Budget 2023-24 in charts
1 year, 10 months ago

Key takeaways from Union Budget 2023-24 in charts

The Hindu  

The government will focus on economic growth and job creation and cut down the fiscal deficit, Union Finance Minister Nirmala Sitharaman said on Wednesday, presenting its last full budget in Parliament before the 2024 election. Transfer to states/UTs Allocation to Ministries The Union Budget allocated a massive ₹5.94 lakh crore for the Defence Ministry, a 13% increase year-on-year from last …

The Union budget for 2023-24 is rather well placed on fiscal math
1 year, 10 months ago

The Union budget for 2023-24 is rather well placed on fiscal math

Live Mint  

All credit goes to Finance Minister Nirmala Sitharaman and her team for extraordinary fiscal performance over three years of relentless pressure from the pandemic followed by the Ukraine war. During the current fiscal year closing on 31 March 2023, the Central fiscal deficit has held at 6.4% as budgeted, despite additional expenditure of ₹2 trillion on food and fertilizer subsidies. …

Budget 2023: Here’s how you can download the Budget document
1 year, 10 months ago

Budget 2023: Here’s how you can download the Budget document

Hindustan Times  

The Union Budget 2023-24 has been presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today. Budget 2023: Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 in the Lok Sabha, Read here: Budget 2023: 47.8 crore Jan Dhan accounts opened so far: Finance minister The Budget 2023-24 is PM Modi government's last full budget before the Lok …

Budget 2023: What do common people EXPECT from central government this fiscal year?
1 year, 10 months ago

Budget 2023: What do common people EXPECT from central government this fiscal year?

India TV News  

Union Budget 2023: Ahead of the Union Budget for the fiscal year 2023-24, citizens across a wide segment of society have voiced their expectations. Passengers upbeat about Vande Bharat trains and Bullet Trains project The Vande Bharat trains and the Bullet Trains project also attracted a lot of excitement from the passengers. Passengers demand more trains Meanwhile, regular railway travellers …

Union Budget 2023: Stocks to look out for ahead of the Budget
1 year, 10 months ago

Union Budget 2023: Stocks to look out for ahead of the Budget

India TV News  

Budget 2023: With the Union Budget only a few days away, some market participants may be looking for tactical wagers that could pay off if some of the policy expectations are met. With the government's continued emphasis on infrastructure and defence, equities such as IRCON International, PNC Infratech & KNR constructions, and Bharat Dynamics may find themselves in the spotlight. …

Budget 2023 | How to read the Budget document
1 year, 11 months ago

Budget 2023 | How to read the Budget document

India TV News  

Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget on February 1. Even though it is only a small part of the Budget document, the speech is the most important aspect. BUDGET 2023: FULL COVERAGE Direct and indirect tax announcements are included in Part B. The government's capital expenditures, administrative expenses, tax revenue, non-tax revenue, subsidy payments for …

Budget 2023: Take A Look At The Structure And Components Of The Union Budget
1 year, 11 months ago

Budget 2023: Take A Look At The Structure And Components Of The Union Budget

ABP News  

The Budget for the year 2023-24 is around the corner. It is divided mainly into two sections —Budget Receipts and Budget Expenditures. The Budget Receipts comprise – Capital Receipts and Revenue Receipts Capital Receipts: Capital Receipts are the receipts that either create liability or cause a reduction in assets for the government. Revenue Receipts: Revenue Receipts are receipts that neither …

Budget 2023: Blue sheet, finance bill, fiscal deficit - understanding key Budget terms
1 year, 11 months ago

Budget 2023: Blue sheet, finance bill, fiscal deficit - understanding key Budget terms

India TV News  

Budget 2023: As India gears up for the presentation of the Union Budget Budget 2023, it is important to understand the language and jargon that is commonly used when discussing the country's financial plans. FAQs Q1: When is the Indian Union Budget presented? A: The Indian Union Budget is presented on the first day of February, by the Finance Minister …

Budget Session 2023 Dates Announced, Session To Be Held With 27 Sittings Spread Over 66 Days
1 year, 11 months ago

Budget Session 2023 Dates Announced, Session To Be Held With 27 Sittings Spread Over 66 Days

ABP News  

New Delhi: Union Parliamentary Affairs Minister Pralhad Joshi on Friday announced the dates for the Budget Session of Parliament. "Budget Session, 2023 of Parliament will commence from 31 January and continue till 6 April with 27 sittings spread over 66 days with usual recess. He added, "During the Budget Session, 2023 the recess will be from 14 February till 12 …

Budget 2023: 10 interesting facts about Indian Union Budget
1 year, 11 months ago

Budget 2023: 10 interesting facts about Indian Union Budget

India TV News  

Budget 2023 is an annual event where the government presents its financial plans for the upcoming fiscal year. The Union Budget not only lays out the government's financial plans but also gives insight into its economic and social priorities. Union Budget 2023: FULL COVERAGE Here are 10 interesting facts about the Indian Union Budget that you may not know: The …

Budget 2023: Where Does Government Spend Money, Understanding Expenditure
1 year, 11 months ago

Budget 2023: Where Does Government Spend Money, Understanding Expenditure

ABP News  

In less than a month Union Finance Minister Nirmala Sitharaman is expected to present Union Budget 2023. Plan capital expenditure relates to the central government’s plan and central assistance for state and union territory plans. Budget 2023: Expenditure of Government of India Aside from these the central government also allocates a large portion of the Budgetary expenditure for centrally Capital …

When Will Budget 2023 Be Presented? Know Date, Time of Union Budget
1 year, 11 months ago

When Will Budget 2023 Be Presented? Know Date, Time of Union Budget

News 18  

Data And Time Of Union Budget 2023-24: One of the biggest events of the year, the presentation of the Union Budget, is going to take place within the next month. The government had in July this year hiked gold import duty to 15 per cent from 10.75 per cent to rein in the country’s current account deficit and rising import …

‘Budget 2022 will favour all sections of the society’, says Union MoS Finance
2 years, 10 months ago

‘Budget 2022 will favour all sections of the society’, says Union MoS Finance

Live Mint  

New Delhi: Hours before Union Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022 in the Parliament on Tuesday, Minister of State for Finance Bhagwat Kishanrao Karad said that the Budget will favour all sections of the society. Finance Minister Nirmala Sitharaman will present the Union Budget today. Catch all the Budget Live Updates Here MoS Finance …

When is Budget 2022-23? Know Date, Time, How to Watch FM Nirmala Sitharaman’s Speech
2 years, 10 months ago

When is Budget 2022-23? Know Date, Time, How to Watch FM Nirmala Sitharaman’s Speech

News 18  

Budget 2022: The Union Budget session kicked off at the Parliament with President Ram Nath Kovind addressing a Joint Session of both the Houses on Monday, January 31. Here is Everything You Need to Know About Union Budget 2022 Budget 2022 Date and Time The Union Budget will be presented on February 1, Tuesday by the finance minister at 11 …

Union Budget 2022: All you need to know
2 years, 10 months ago

Union Budget 2022: All you need to know

Live Mint  

As Union Finance Minister Nirmala Sitharaman is scheduled to present her fourth Union Budget for the next financial year tomorrow, all eyes would be on how the Centre balances out populist measures while walking the tightrope of fiscal consolidation. After getting the nod from the cabinet, Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in a paperless form …

Budget 2022: 17 interesting facts about Union Budget presentation
2 years, 10 months ago

Budget 2022: 17 interesting facts about Union Budget presentation

Live Mint  

New Delhi: Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23. LONGEST BUDGET SPEECH Sitharaman holds the record for delivering the longest speech when she spoke for 2 hours and 42 minutes while presenting the Union Budget 2020-21 on February 1, 2020. TIME …

A preview to the Union budget, in five charts
2 years, 10 months ago

A preview to the Union budget, in five charts

Live Mint  

Two of the three Union Budgets presented by Finance Minister Nirmala Sitharaman so far have had a distinct backdrop behind them. For 2021-22, the Centre increased the total budget size by a measly 1%, against the average annual increase of 15% in the preceding four years. Every rupee of capital expenditure by the government adds ₹2.50 to the GDP, according …

Union Budget: History and facts | All you need to know
2 years, 10 months ago

Union Budget: History and facts | All you need to know

India Today  

Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23. LONGEST BUDGET SPEECH Sitharaman holds the record for delivering the longest speech when she spoke for 2 hours and 42 minutes while presenting the Union Budget 2020-21 on February 1, 2020. Carrot & Stick …

Budget 2022 Going to be 'Paperless'; No Halwa Ceremony Amid Covid Fears. Know More
2 years, 10 months ago

Budget 2022 Going to be 'Paperless'; No Halwa Ceremony Amid Covid Fears. Know More

News 18  

Budget 2022: India has been in the middle of the third wave of the Covid-19 pandemic for days now, fuelled by the Omicron variant of the coronavirus, and has been recording lakhs of cases since January. Amid fears of the third wave, Union finance minister Nirmala Sitharaman will present the Budget 2022-23 in a paperless format like last year, the …

Budget 2022: Date, Time, Key Things to Watch Out For
2 years, 10 months ago

Budget 2022: Date, Time, Key Things to Watch Out For

News 18  

Union Budget 2022: Since decades, the central government holds a budget session in the Parliament where a host of decisions regarding the country’s economic growth, and its economy in general, is taken. Here is Everything You Need to Know About Union Budget 2022 Budget 2022 Date and Time The Union Budget will be presented on February 1, Tuesday by the …

Union Budget 2022: Budget Presentation In India And Its Fascinating History. All You Need To Know
2 years, 11 months ago

Union Budget 2022: Budget Presentation In India And Its Fascinating History. All You Need To Know

ABP News  

New Delhi: In the backdrop of the third wave of Covid-19, Parliament will meet from January 31 to April 8 for the Budget Session — the longest annual session. In independent India, the Union Budget used to be presented on the last working day of February, continuing with the colonial-era practice. In 2017, then finance minister Arun Jaitley announced that …

Budget 2022: From 'bahi-khata' to halwa ceremony, a look at interesting facts
2 years, 11 months ago

Budget 2022: From 'bahi-khata' to halwa ceremony, a look at interesting facts

Firstpost  

In 2019, finance minister Nirmala Sitharaman had switched from carrying a briefcase to a ‘bahi khata’ or a ledger. In 2020, she read out the Budget statement from a tablet Finance Minister Nirmala Sitharaman is set to present the Union Budget 2022-23 at 11 am on 1 February. In 2019, Sitharaman had switched from carrying a briefcase to a ‘bahi …

Union Budget 2022-23: All key financial terms explained for you
2 years, 11 months ago

Union Budget 2022-23: All key financial terms explained for you

India Today  

Union Budget 2022-23 is all set to be presented by Finance Minister Nirmala Sitharaman on February 1. During the budget speech, the finance minister is expected to make several announcements and speak about financial indicators like inflation, fiscal deficit, capital expenditure, revenue receipts, bad loans and more. Fiscal Deficit Fiscal deficit means when a government's total expenditure exceeds total revenue, …

Budget 2022: Quick Guide on How the Budget Document is Prepared and Presented
2 years, 11 months ago

Budget 2022: Quick Guide on How the Budget Document is Prepared and Presented

News 18  

The Union Budget for 2022-23 will be presented in the Lok Sabha by finance minister Nirmala Sitharaman on February 1. On the Budget Day, the annual financial statement is presented in Lok Sabha by the finance minister. The Budget Division issues a circular to all Union ministries, states, UTs, autonomous bodies, departments and the defence forces to prepare their estimates …

Union Budget 2022 Session Schedule Announced: Check Date, Time, Key Details
2 years, 11 months ago

Union Budget 2022 Session Schedule Announced: Check Date, Time, Key Details

News 18  

The Union Budget 2022 will be presented by finance minister Nirmala Sitharaman on February 1 at 11 am. From Covid-19 relief to increase the limit of standard deduction under the income tax, middle class are expecting a host of measures from finance minister in Union Budget 2022. “The Finance Minister will be presenting the Union Budget 2022-23 on the 1st …

From fiscal deficit to tax slabs: Key figures to watch out for in Union Budget 2021
3 years, 10 months ago

From fiscal deficit to tax slabs: Key figures to watch out for in Union Budget 2021

Hindustan Times  

Finance minister Nirmala Sitharaman is set to present the Union Budget in Parliament on Monday, February 1. Here are some key figures/elements to look out for in Union Budget 2021: Fiscal deficit There are four deficit numbers present in the budget document: revenue deficit, effective revenue deficit, fiscal deficit and primary deficit. The more the fiscal deficit, the more market …

What the Union Budget needs to get right
3 years, 10 months ago

What the Union Budget needs to get right

Hindustan Times  

Finance minister Nirmala Sitharaman’s problem is the same as that of the Indian cricket team’s captain — everyone seems to think they know what needs to be done; worse, everyone is convinced they can do a better job than the incumbent. The Economic Survey has called for an asset quality review, especially because of the regulatory forbearance banks were allowed …

Budget Session of Parliament to Begin from January 29
6 years, 11 months ago

Budget Session of Parliament to Begin from January 29

India TV News  

The Budget Session of Parliament will begin from January 29 and conclude on April 6. The first phase of the Budget Session will feature the presentation of the Union Budget on February 1. The Budget is presented by means of the Finance Bill and the Appropriation Bill has to be passed by both the Houses before it can come into …

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