Information about Union Budget Of India

The Union Budget of India, also called the general budget, is the annual budget of the Republic of India, presented each year on the last working day of February by the Finance Minister of India in Parliament. The budget has to be passed by the House before it can comes into effect on April 1, the start of India's financial year.

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The Finance Minister of India is a cabinet position in the Government of India. He drafts the general budget of the country, and is in charge of the national economy. P. Chidambaram is the current incumbent.
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Parliament of India

Type Bicameral
Houses Rajya Sabha
Lok Sabha
Leader of Rajya Sabha Dr. Manmohan Singh
, Indian National Congress
since May 10, 2004
Leader of Lok Sabha Pranab Mukherjee
, Indian National Congress
since
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April 1 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining. April 1 is most notable in the Western world for being April Fools' Day.
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fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual ("yearly") financial statements in businesses and other organizations.
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