Budget Explainer

Union Budget 2022-23: Understanding the government's annual financial statement

The Union Budget by the government presents an overall picture of the financial position of the Government of India, including that of Indian Railways

Union Budget 2022-23: From issuance of circulars to printing, how the Budget is brought to life

Budget 2022: The process to make the Union Budget starts each year around August or September and is a tedious and time consuming one; different parts of the government work collectively to shape the document

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

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

Union Budget 2022-23: Here's what the hospitality industry expects from the Centre this fiscal

The sector, which employs millions of people in the country, continues to remain one of the worst-affected sectors in the COVID-19 pandemic

Union Budget 2022-2023: What's in the Budget briefcase and the history behind the bag

The word Budget comes from the French word ‘Bougette’, which means leather briefcase. Year after year, ministers have appeared with a bag for the annual exercise — barring 2020 when Nirmala Sitharaman bucked traditions and walked in with a digital tablet

Union Budget 2017: How this year's budget differs from those in the past

Traditionally, the budget is presented at the end of February and passed by May. However, the date has been advanced for the Union Budget 2017 to ensure its passage before the beginning of the fiscal year in April.