Question

With reference to the functions of the Parliament, answer the following.
How can the Parliament influence the Budget?

Answer 1

Answer:

The Annual Financial Statement, popularly known as the Budget, has immense economic influence over the Indian economy. The following are the stages that the bill has to go through:

1) General Discussion.

2) Voting on demand for grants.

3) Passing of appropriation Bill

4) Passing of Finance Bill.

5) Vote on Account

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