A single GST rate of 12% would work if the centre and states share 1/6th of this with local bodies, leading to an urban revolution
11 min read15 Jan 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