Menu
Interim budget
every year there would be a union budget on Feb 1. The budget which is carried in middle is called as interim budget right. then why this budget is called as interim budget and not normal one ?
Replies (3)
because new government after election will again form a new budget
thank you very much
The government presents an interim budget if it does not have time to present a full Budget or if the general elections may be in the near future. So usually, in an election year, the outgoing government presents an interim budget and the task of framing the full budget is left for the next government.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
