Budget Opinion
2022 Budget
Virtual digital asset: How Union Budget 2022 brings cryptocurrency within tax net
Income tax
Budget 2022: Nirmala Sitharaman offers weak consolation prize for honest taxpayers
Budget
Year of the Tiger Union Budget 2022-23: A growth-oriented exercise with no populist overtones
Budget
It Takes Every Village: Budget 2022 pushes for rural self-reliance and strength
Will the finance minister slash tax rate for the salaried class in the Budget?
Will the finance minister slash tax rate for the salaried class in the Budget?
Yes
No
Can't say
The annual Union Budget, presented by the Finance Minister, is the yearly financial statement that contains the government's revenue and expenditure for a fiscal year. The statement gives details of revenue from all sources, and expenditure on all activities that the government will undertake for the fiscal year. The fiscal year is calculated from 1 April-31 March. The Budget also contains the revenue and capital budget. A revenue budget comprises of all the revenue expenditure and receipts of the government. If the revenue expense is in excess of the receipts, the government suffers a revenue deficit. The capital budget consists of government-related capital receipts and payments. It includes investments in shares, loans and advances granted by the central government to state governments, government companies, corporations and other parties.
