Budget in a minute: How spending estimates can change

Moneycontrol 2019-01-27

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The size of the annual budget is the amount the central government sends per year. The government lays out the estimated earnings and spending during the course of the year.

These estimates may undergo changes during the course of the year.

For instance, income tax collections may turn out to be higher or lower than expected. Similarly, expenditure may overshoot or fall short.

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