Economic Survey points out that India's states raise a very low share of their revenue from direct taxesabout 6% as against Brazil's 19% and Germany's 44%
2 min read29 Jan 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