Budget without doubt is the most important Economic Event. It not only outlines major economic initiatives of Government for the next year but also comes out with the rates for both indirect taxes as well as direct taxes. It is not only important for corporates but for individuals from all sections of the society.
Pre budget economic survey, reviews the economy as a whole covering banking and capital markets, prices, industry, agriculture and infrastructure etc. Read under economic survey the Macroeconomic review of trends in GDP, Demand/supply Factors, Fiscal Developments, Balance of Payments etc. While Issues and Priorities discusses Current Situation, Key Problems, Possible Solutions, Domestic Reforms etc.
In this exclusive Budget section, we help you to understand the budget by providing FAQ's under Budget Basic & Budget Glossary. In addition you can browse the earlier budget document, it's analysis & reactions from the people.
FACTS ABOUT BUDGET 2012-13
Budget session of Parliament will start on March 12, with the Railway Budget slated to be presented on March 14. The government will table the Economic Survey 2011-12 data on March 15. The Survey is a document on the state of economy prepared by the economic division in the ministry of finance. Finance Minister Pranab Mukherjee will present the Union Budget Parliament on March 16, 2012.
This is the 81st Indian Union Budget since Independence, First Union Budget was presented by then Finance Minister R K Shanmukham Chetty on November 26, 1947. The maximum number of 10 budgets have been presented by Morarji Desai, while Pranab Mukherjee, P Chidambaram, Yashwant Sinha, Y B Chavan and C D Deshmukh have presented seven budgets each. Prime Minister Manmohan Singh and T T Krishnamachari, have presented six budgets each during their tenures in the Finance Ministry.
Indian Union Budget 2012-13.... Coming here
Indian Union Budget 2011-12 .... Click here
Indian Union Budget 2010-11 .... Click here
Indian Union Budget 2009-10 .... Click here
Indian Union Budget 2008-09 .... Click here
Indian Union Budget 2007-08 .... Click here
Indian Union Budget 2006-07 .... Click here
Indian Union Budget 2005-06 .... Click here
Indian Union Budget 2004-05 .... Click here