The revenue foregone stood at ₹93,642.50 crore in the 2017-18Companies take advantage of various concessions to reduce tax liability
1 min read5 Jul 2019The 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