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Opinion

Formal declaration of war against informality

The fight against black money intersects with the country's massive informal economy, which keeps the industrial base narrow and limits the tax-to-GDP ratio

4 min read15 Nov 2016

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Budget

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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