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Union budget vocabulary News

20 Jan 2022

Government informs source of income in Budget

The central government informs about sources of income in union budget custom duty excise duty income tax corporate tax and many more

20 Jan 2022

Budget 2022: Understand Budget in Simple Words

Union budget 2022 will be present on 1st february 2022. Budget consists many hard and tough vocabulary which is not easy to understand for common people. here you understand budget in simple words. budget fiscal deficit, financial bill, direct tax, indirect tax, consolidated fund and disinvestment

20 Jan 2022

Minimum Corporate Tax Presented by Rajiv Gandhi in 1987-88

Former Prime minister Rajiv Gandhi presented Minimum Corporate tax in union budget in 1987-88 as finance minister. The governemt estimates 75 crores extra revenue income from this tax only. here you know why government implement this tax in year 1987-88

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