Creation of DRR will hit profits, while condition of depositing 15% of value of debentures maturing during the year separately will push up cost of funds
4 min read7 Apr 2014The 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