Budget in a minute: Why are finance bills introduced every year?

Moneycontrol 2019-01-29

Views 9

The government's tax decisions cannot be arbitrary and they need Parliament approval as all proposals made in the Union Budget need legislative backing. For example, if the finance minister proposes to increase or decrease taxes, it needs to be approved by the Upper and Lower houses of parliament.
Here's Moneycontrol Deputy Executive Editor Gaurav Choudhury, who will help you understand why Finance Bills are introduced each year, ahead of Budget 2019.

Share This Video


Download

  
Report form