Bonds are rallying as investors sought haven assets and a pickup in monsoon rains promised to keep inflation in check and give the RBI room to cut benchmark interest rates
2 min read15 Jul 2016The 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