Business Standard

Make it more transparent

The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect

Union budget

A K Bhattacharya
Now that Nirmala Sitharaman has returned to the ministerial portfolio she held for the last five years, the Union finance ministry has got down to its most important task — preparing the Budget for 2024-25. An Interim Budget was presented by her on February 1 earlier this year, but that was only a vote-on-account, seeking Parliament’s approval for incurring a specified amount of expenditure till such time as the full year’s Budget is presented by a new government and approved by Parliament. Unlike a few of the previous Interim Budgets, Ms Sitharaman refrained from making any policy announcement or taxation
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jun 11 2024 | 9:20 PM IST

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