The Indian Financial landscape appears to be tightly embracing itself as the much-eyed Interim Budget for 2024-25 looms over to be released shortly ahead. As the Interim Budget remains all set to be released on February 1, financial players across the nation are witnessing a sense of frenzy, building inferences as the date nears.
An Intriguing History
The Union Budget of India, initiated in 1947, encompassed the Economic Survey under itself since 1950-51 but later ruled it out separately as of 1964. The first Union Budget, unveiled by then Finance Minister R K Shanmukhan Chetty, dates back to November 26, 1947, as the independent nation’s first-ever approach to scale its financial landscape. Thereafter, the journey to evolve India’s financial realm commenced, revolutionizing the nation’s economy to date.
What Is The Indian Union Budget?
The Indian Union Budget is an annual document that the Finance Ministry of India prepares. This document is presented before the Indian Parliamen
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