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what is the difference between union budget and finance bill
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Quick Summary
Union budget and finance bill
Finance bill is a replica of the union budget.
Finance bill is a replica of the union budget.
Budget amendments will be proposed through Finance Bill & once it is approved then it will become Finance Act
Budget amendments after passing in the parliament will go for presidents nod and then it will be an act.
Without the presidents nod nothing is acceptable.
Without the presidents nod nothing is acceptable.
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