8th Class Social Science The Union Legislature Question Bank The Union Legislature and Executive - Long answer Type Question

  • question_answer
    What is the budget? Who presents it? What does it mean for the common people?

    Answer:

    The Budget is an estimate of the government's income and expenditure. It is presented by the Finance Minister. Since it contains proposals for new taxes and for the relaxation of previous taxes, it means a rise or fall in the prices of things for the common person.


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