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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, presenting estimated receipts and expenditures for the upcoming fiscal year, as mandated under Article 112 of the Constitution.
When is the Union Budget traditionally presented in India?
On February 1st every year since 2017.
Which article of the Indian Constitution mandates the presentation of the Annual Financial Statement?
Article 112 of the Indian Constitution requires the government to present a statement of estimated receipts and expenditure before Parliament for each financial year.
Who presents the Union Budget in the Indian Parliament?
The Finance Minister of India.
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