Thursday, November 22, 2018

Govt. is planning to present full budget instead of vote-on-account in 2019

The Finance Ministry plans to present a full budget on 1 February, a senior government official said. Budget 2019, which will be the last by the present government ahead of the 2019 Lok Sabha elections in May, going by established practice should be a vote-on-account, with government seeking Parliament approval for expenditure from the Consolidated Fund of India for the interim period.

from taxmann.com News https://ift.tt/2S4Yf3X

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