The six-member panel was originally supposed to submit the report in AprilThe panel was set up following a controversy between the RBI and the Centre on how much of the profit made from the central bank’s trading in bonds and currencies should be transferred to the government
1 min read12 Jun 2019The 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