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The Union Budget is introduced in the Lok Sabha by the Finance Minister of India. This process typically occurs annually, usually in February, and outlines the government's expenditure and revenue plans for the upcoming financial year. The budget needs to be approved by the Lok Sabha before it can be implemented.
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What is the role of a budget committee?
The role of the budget committee is to help create a federal budget and oversee that budget. They prepare the budget resolution and review budget related laws and bills.
Which budget is prepared first?
The sales budget is the first budget to be prepared.
What is main difference between capital budget and revenue budget?
While the capital budget and revenue budget are both budgets, the capital budget is incorporated for the long term. A revenue budget is made for the short term.
Which budget provides the information needed to prepare the direct labor budget?
Production Budget
Where the Union budget is always presented first in?
Union budget is always presented first in - The Loksabha
The loksabha secretriate works under the direct supervision of?
The speaker of LokSabha
Loksabha speaker will give his resignation to whom?
deputy speaker of loksabha
What type of budget might a government introduce to create more jobs?
Deficit
Who is the loksabha head?
The speaker.
Who was the first speaker of loksabha of India?
Meera kumar is the first and the current lady speaker of loksabha
Speaker of loksabha of india?
meerakumar
Who is the speaker of the loksabha?
somnath chatterjee
Who is spekaer of loksabha?
Meera Kumar
Who is the spokesperson of loksabha?
somnath chatterjee
Who is the presiding officer of the loksabha?
spaker
What delegated powers does legislative branch have?
they introduce legislation, they make laws, pass national budget, etc.
