Nearly 50,000-60,000 crore of additional liquidity will go out of the system due to advance tax payments. RBI is expected to pump in liquidity into the system through OMOs this week, says a banker
2 min read9 Sep 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