Their financial health is in such a pathetic state that urban local governments have to rely on state governments to fund even basic operational expenditure
4 min read26 Jul 2017The 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