central govrnment presents annual buget in the parlement
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The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April.
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The Budget or annual financial statement is presented every year by the Finance Minister of the country. Article 112 of the constitution envisages to laid down the annual budget in the parliament.
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