Central Processing Centre News

Politics

I-T refunds worth Rs1.22 lakh crore issued in FY’16: Govt

During FY 2015-16, more than 2.10 crore refunds amounting to Rs1,22,425 crore were paid compared to Rs1,12,188 crore in the FY 2014-15

1 min read6 May 2016

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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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