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CBI unearths ₹2,200 crore foreign remittances scam

CBI busted a major scam of over Rs2,200 crore where 13 companies allegedly remitted the amount to foreign entities against bill payments of imports of only Rs24.64 crore

1 min read15 May 2017

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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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