Budget 2012
This query is : Resolved
29 November 2012
Hi,
Actually i want to know although the budget is supposed to come on last day of february and after the formation of new government in the year of election but why for 2012 budget came on 16th march even there were no elections in 2012 ?
Actually i want to know although the budget is supposed to come on last day of february and after the formation of new government in the year of election but why for 2012 budget came on 16th march even there were no elections in 2012 ?
CA Roshan Jha
(Expert)
29 November 2012
I think, that time there were elections in some states like U.P. I think that was the reason for delay in Budget.
CA Roshan Jha
(Expert)
29 November 2012
Before election, the code of election commission applies and the government can't bring out any policy which may affect public support in its favor. Hence even if the election was at state level, the government was unable to bring any policy in the budget, which may affect the public support for it. I hope now you understand.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Tax on Amount transferred in HUF Account
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
