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23 lip 2024 · Discuss the constitutional provisions related to Budget in India. How does the constitutional framework ensure parliamentary control over financial matters and expenditure?
23 lip 2024 · Budget 2024-25 increased standard deduction of salaried employees from ₹ 50,000/- to ₹ 75,000/- for those opting for new tax regime. Similarly, deduction on family pension for pensioners enhanced from ₹ 15,000/- to ₹ 25,000/-.
15 wrz 2024 · Constitutional provision: As per Article 112 of the Indian Constitution, the Union Budget is a statement of the government's estimated receipts and expenditures. It is also known as the Annual Financial Statement of the Government; however, the term "budget" is not mentioned in the Constitution.
23 lip 2024 · The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today. The highlights of the budget are as follows: Part-A. Budget Estimates 2024-25: Total receipts other than borrowings: `32.07 lakh crore. Total expenditure: `48.21 lakh crore. Net tax receipt: `25.83 lakh crore.
The 2024 Union Budget of India [1] (ISO: 2024 Ke liye Bhārat Kā Saṅghīya Bajaṭ) was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government's third term. [2]
24 lip 2024 · Budget is presented as per Article 112 of the Constitution, formally known as ‘Annual Financial Statement’. Prime Minister’s Package of 5 Schemes and Initiatives for employment, skilling and other opportunities for 4.1 crore youth over a 5-year period.
24 lip 2024 · Article 112 of the Indian Constitution mandates the Union Budget as the government’s estimated receipts and expenditures. Key Budget documents include: The Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement. Objectives of budget:
