Derrick Kam, India economist at Morgan Stanley, says moderate risks are emerging on account of the wider-than-targeted fiscal deficits
8 min read12 May 2018The 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