Interim Budget 2018 News

Budget

For every rupee in govt kitty, 70 paise comes from taxes

The government intends to earn 8 paise from non-tax revenue like disinvestment.Income tax mobilisation for the next fiscal has been increased to 17 paise.

1 min read1 Feb 2019
Budget 2019

Small enterprises secure interest subvention

FM proposed to provide a 2 percentage point interest concession on loans of ₹1 crore availed by GST registered MSMEsThis comes in the backdrop of the government pushing the RBI to provide relief to the stressed MSME sector

2 min read1 Feb 2019

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The 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

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