About 85 companies holding Rs4 trillion worth of debt are highly unlikely to recover in the short term as they not only sit on a massive pile of debt that they cannot service but also have a large number of non-productive assets
1 min read30 Nov 2016The 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