Banking Forum

What is Interim Budget and Vote on Account ?

0 Members and 1 Guest are viewing this topic.

Offline Sora

  • *****
  • 406
  • +1/-0
What is Interim Budget and Vote on Account ?
« on: February 27, 2016, 04:52:24 PM »

Union Budget of India define Interim Budget and Vote on Account. Both are different as per the definition of Budgets.

1. Interim Budget  : An Interim Budget is the complete financial statement which consist of accounts, including both expenditure and receipts.Interim Budget are almost the full Budget.

2. Vote On Account : It deals only with the expenditure side of the government's budget,

Major Changes are generally not mentioned in the Interim Budget like Income Tax Slab changes etc.


 

With Quick-Reply you can write a post when viewing a topic without loading a new page. You can still use bulletin board code and smileys as you would in a normal post.

Warning: this topic has not been posted in for at least 180 days.
Unless you're sure you want to reply, please consider starting a new topic.

Note: this post will not display until it's been approved by a moderator.
Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
Last Alphabet in MODI:

Subscribe To Enter your email address: