The new economic data have the potential to affect our assessment of the macroeconomy, and thereby our view of the appropriate macro policy stance
4 min read25 May 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