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What exactly is the union budget?

Union Budget explained

2 Mar 2023
Videos

Math Behind Budget 2023 | Mint Explains | Mint

In the upcoming union budget session, the centre will make wise commitments regarding managing its resources. But finding the ideal balance this time won't be simple. One reason is that the next Lok Sabha elections in 2024 would present an unavoidable opportunity for political spending. Additionally, high tax collections cannot be taken for granted, and next year's predicted slower economic growth won't help. Because of all of this, budgeting is a difficult task.

26 Jan 2023
Budget 2019

Budget 2019: Ayushman Bharat remained highlight of health initiatives by the government

PMAJY aims to cover over 10 crore poor and vulnerable families India’s spending on health continues to be very low with 1.4% of the GDP

2 min read1 Feb 2019
Specials

Budget 2019

News and analysis on Interim Budget 2019, to be presented by Finance Minister Arun Jaitley on 1 February 2019

1 min read17 Jan 2019
Market

Time to budget some tough love from RBI

A promise to ensure minimum support price of key crops at 1.5 times that of the cost of production would mean a 50-70 basis points increase in the headline inflation number

1 min read5 Feb 2018
Market

Forget a cut, be thankful corporate tax rates were not hiked in the Budget

Till the effective tax rate of large companies stays well above the 25% limit, the government may see little overall advantage in moving to a regime of lower tax rates with lower exemptions

3 min read5 Feb 2018
Mint-lounge

Modicare, bypoll setbacks for BJP, end of an era for Xerox

Govt pitches health insurance in last budget before 2019 election;BJP comes second in all five bypolls;Xerox to cease to exist as an independent entity after 115 years

5 min read3 Feb 2018
Politics

Strategic disinvestment on track, process was restarted after gap of 12 years: Gupta

Neeraj Kumar Gupta, secretary, department of investment and public asset management (DIPAM), on the department's disinvestment success

4 min read3 Feb 2018
Politics

Modicare, MSP hike will need Rs10,000-15,000 cr each in FY19: Garg

Economic affairs secretary Subhash Chandra Garg on the government's revised fiscal consolidation plan

4 min read3 Feb 2018
Politics

We have to take a conscious call on our priorities: Hasmukh Adhia on Budget 2018

The Rs1 lakh threshold for long-term capital gains (LTCG) tax on equities is very generous, says finance secretary Hasmukh Adhia

5 min read3 Feb 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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