Crisil data of 66 listed auto component firms shows a steady decline in the average debt-equity ratio from 1.93 in FY08 to 0.69 at the end of September 2017
2 min read29 Nov 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