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Union Budget
What is the Union Budget of India?
The Union Budget is the annual financial statement of the Government of India presented under Article 112 of the Constitution, detailing estimated receipts and expenditures for the coming financial year.
What is the constitutional provision under which the Union Budget is presented in Parliament?
Article 112 mandates Annual Financial Statement presentation.
Which article of the Indian Constitution mandates the presentation of the Annual Financial Statement?
Article 112 of the Constitution mandates the President to cause the Annual Financial Statement (Union Budget) to be laid before both Houses of Parliament.
On which date is the Union Budget traditionally presented in Parliament?
February 1st every year since 2017.
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