The Supreme Court allowed states to tax them from as far back as 2005, in a lightning bolt for companies that could face tax demands of as much as ₹2 trillion, and prompt more states to raise tax demands, experts said.
4 min read15 Aug 2024The 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