Union Budget of India
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The Union Budget of India is the central government's annual financial statement that outlines its revenue, expenditure, and economic policy priorities for the upcoming fiscal year.
Aliases (1)
Statements (68)
| Predicate | Object |
|---|---|
| instanceOf |
annual financial statement
→
national budget → |
| affects |
central government schemes
→
intergovernmental fiscal transfers to states → taxpayers in India → |
| alsoKnownAs |
General Budget of India
→
|
| alsoLaidInHouse |
Rajya Sabha
→
|
| announcedBy |
Budget speech
→
|
| announcedOnOrAround |
1 February
→
|
| classification |
capital expenditure
→
capital receipts → revenue expenditure → revenue receipts → |
| component |
central sector schemes
→
centrally sponsored schemes → defence expenditure → fiscal deficit → interest payments → market borrowings → non-tax revenue → primary deficit → subsidies → tax revenue → |
| coordinatedBy |
Ministry of Finance
→
|
| country |
India
→
|
| coversPeriod |
one fiscal year
→
|
| currency |
Indian rupee
→
|
| documentType |
public finance document
→
|
| fiscalYearEnd |
31 March
→
|
| fiscalYearStart |
1 April
→
|
| frequency |
annual
→
|
| governingBody |
Government of India
→
|
| includes |
Annual Financial Statement
→
Appropriation Bill → Demand for Grants → Finance Bill → capital budget → fiscal deficit target → non-plan expenditure estimates → non-tax revenue estimates → plan expenditure estimates → primary deficit target → revenue budget → revenue deficit target → tax proposals → |
| language |
English
→
Hindi → |
| legalBasis |
Article 112 of the Constitution of India
→
|
| mergedWith |
Railway Budget of India in 2017
→
|
| preparedBy |
Department of Economic Affairs
→
Department of Expenditure → Department of Revenue → |
| presentedBy |
Minister of Finance of India
→
|
| presentedIn |
Parliament of India
→
|
| presentedInHouse |
Lok Sabha
→
|
| previouslyAnnouncedOnOrAround |
last working day of February
→
|
| purpose |
allocate resources among sectors
→
implement fiscal policy → maintain macroeconomic stability → outline government expenditure → outline government revenue → promote economic growth → promote social welfare → state economic policy priorities → |
| relatedTo |
Railway Budget of India
→
|
| requiresApprovalBy |
Lok Sabha
→
|
| subjectTo |
Fiscal Responsibility and Budget Management Act
→
parliamentary debate → |
Referenced by (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
Union Budget of India
("General Budget of India")
→
|
alsoKnownAs |
|
Government of India
→
|
budgetAuthority |