11 months, 3 weeks ago
Union budget 2024: From where does Centre get money for expenditure?
Hindustan TimesThe 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 year. Take a look at how the government got its money for expenditure, as mentioned in the Union budget document 2023-24. Here is what the Union budget 2023-24 document says: The government allocates 20 per cent of its budget to interest payments.
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History of this topic
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