Question

Budget is explicitly stated in indian constitution

Answer 1

Explanation:

Under Article 112, the constitution provides for an Annual Financial Statement to be laid down in the parliament. It includes the estimated receipts and expenditure of the government of India. This statement is popularly known as budget. This statement is caused to be laid down by the president for a financial year. The General Budget gives an overall picture of the financial position of the Government of India, excluding the Railways.

Answer 2

· Budget in Parliament. Under Article 112, the constitution provides for an Annual Financial Statement to be laid down in the parliament. ... The General Budget gives an overall picture of the financial position of the Government of India, excluding the Railways.