However, Dr. Manmohan Singh, the Finance Minister at the time, introduced a groundbreaking budget that changed the country's future. Here are ten interesting facts about the Indian budget ...
India will spend 4.57 trillion rupees ($52.81 billion) on subsidies for food, fertilisers and rural employment schemes in the next financial year, nearly unchanged from the current year's allocation, ...
On April 7, 1860, the first-ever Budget of India was presented by Scottish economist James Wilson. Income Tax was then introduced in budget that still remains a major source of revenue generation.
Here are some facts related to the Budget presentation in Independent India. FIRST BUDGET: The first-ever Union Budget of independent India was presented on November 26, 1947, by the nation's ...
Prime Minister Narendra Modi expressed confidence in BJP's success in upcoming Delhi polls, praising the newly presented Union Budget as the most pro-middle class in history. He criticized AAP for ...
The Demand for Grants, the second part of the budget and is presented in the form of a vote-on-account. This provision allows the government to withdraw money from the Consolidated Fund of India (CFI) ...
India will launch a six-year programme to boost the output of pulse crops by taking measures including directing state agencies to buy the staple at guaranteed prices, the finance minister said on ...
Urban demand is "poised for a recovery," the Reserve Bank of India (RBI) said. A decline in inflation as well as a boost to disposable incomes from the "sizeable" income tax relief announced in the ...
Today Indian Finance Minister Nirmala Sitharaman presented Govt. of India’s budget for year 2025-2026 in the Indian Parliament. This budget has provisioned two Funds of Funds (FoF) for Startups ...