If you ask the middle class people what budget means, you will know. They calculate monthly expenses and income. This is the same. The government prepares a report with the income and expenditure of the government. Through this planned.. makes calculations.
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How much revenue is generated in a particular financial year. And what about the costs? The budget is prepared with such items. This budget contains details of revenue and expenditure for the next financial year of the government, say 2023-24.
Earlier, the budget was introduced at the end of February, but from 2017, it is customary to introduce it on February 1. And now digital budget is also available. A mobile app has also been developed.
Nirmala Sitharaman will present the budget this time as the full-time finance minister for the fifth time in a row. She also created history as the woman who presented the budget more times. She also checked the tradition of bringing budget copies in a leather suitcase in 2019. Budget copies are being taken in Bahi’s account.
Also, the budget makes it easier to manage and coordinate the funds available to the government. And how much are we spending on which sector? How much will the income be? All the calculations are known.
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