Court strikes down dozens of allotments made in early 2011, describing them as 'most capricious, inequitable and feudal' exercise of discretion by a former minister
2 min read14 May 2015The 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