Talks of an IL&FS government bailout were necessitated following failed attempts by the company to raise ₹4,500 crore through a rights issue
4 min read22 Oct 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