Economy, asked by rehanmalik35, 9 months ago

achieve a faster, sustainable and
IUSIVE yuwu.
Q. 6. Read the following passage and answer the
wistjons given below:
The Finance Minister of the Central Government
presents the Union Budget before the Parliament during
the month of February every year. The budget, also
referred to as the annual financial statement reflects the
estimated receipts and expenditure of the government for
a particular financial year that begins on the 1st of April
and ends on 31st Marchhanges in the tax structure are
suggested in the budget. Besides this, provisions are also
made for allocating expenditure on defence, education,
research and development etd. The date for presenting the
budget has been shifted to the 1st of February every year.
(This enables generation of funds well in advance prior to
the commencement of the financial year,
1) Where is the Union Budget usually presented?
b) What all aspects are considered while preparing
the budget?
3) Why is the date for presenting the budget shifted to
the 1st of February?
4) Explain the term 'budget'.​

Answers

Answered by shobhakamble362
0

Answer:

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Answered by Abirsarkar617
3

Answer:

1) the budget is presented before the Parliament during the month of February every year.

2)changes in the tax structure and allocation of expenditure on defense, research and education

3)to enable the generation of funds well in advance prior to the beginning of the financial year.

4) the budget is referred to as the annual financial statement which reflects the receipts and expenditure of the government during a particular financial year

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