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Hiral Jain

Content writer • 7m

Do you guys know the process of budget-making? How do they make it?

11 Replies

Replies (11)

Tarun Suthar
•

The Institute of Chartered Accountants of India • 7m

yes, first speaker present finance bill in parliament, then approved by both houses and president - it becomes finance act and at last presented by FM. moreover CBDT and CG release IT rules, circulars and notification for ammendments.

1 Reply

Anonymous 2

Hey I am on Medial • 7m

Bro nobody knows. Nirmala tai just drops a bomb every now and then and leaves.

1 Reply

Shiv Bharankar
•

Medial • 7m

I have basic knowledge about budget making, but I’m not sure I fully understand it. It would be better if you could explain it.

Tushar Aher Patil

Trying to do better • 7m

The estimates of expenditure prepared by ministries/departments are transmitted to the Ministry of Finance by December where these are scrutinised, modified where necessary and consolidated. The estimates of revenue are also prepared by the Finance Ministry and thus the budget is finalised.

Anonymous 1

Hey I am on Medial • 7m

No yaar Hiral, sorry

Devansh Rao

Nothing is perfect • 7m

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Anonymous 3

Hey I am on Medial • 7m

I wonder if even they know because if they did then they would've fixed it

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How much do you rate today's budget out of 10?

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