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Key facts about the Union Budget that you should know : Rashtra News #Key #facts #Union #Budget 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 (April 2022 to March 2023). Here are some budget trivia:- * INDIA'S
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The iconic Epochal Budget of 1991 brought economic reforms and liberalization, while the Dream Budget of 1998 introduced significant tax cuts and a voluntary disclosure of income scheme.
Union Budget 2024 Key Points: India's first Budget was announced in pre-independent India, on April 7, 1860, when Scottish economist and politician James Wilson - of the East India Company - presented it to the British Crown. Post Independence, India's first budget was presented on November 26, 1947 by then Finance Minister R K Shanmukham Chetty.
Every year, the Union Budget not only sets the tone for India's economy in the ensuing fiscal year but also make or break household budgets. Some Budgets over the years have also acted as milestones in India's development trajectory.