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Railways moves towards accounting reforms

Indian Railways to adopt the widely used accrual basis of accounting and will switch from the cash basis of accounting

1 min read20 Dec 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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