Black budget News

The 1973-74 Union Budget, famously called the 'Black Budget,' marked a challenging time in India's financial history. Presented under PM Indira Gandhi, it reflected a massive fiscal deficit and bold moves like nationalising key industries. Despite its challenges, this budget remains a defining moment in shaping India's economic path.

Sweets were distributed in the Finance Ministry on Thursday (January 27) to mark the Halwa Ceremony before Budget 2022. For the unversed, the Halwa Ceremony marks the final stage of the Union Budget making process.

WFH has raised the expenditure of salaried class considerably. Expenses on amenities like internet-broadband, telephone, furniture and electricity bill have escalated as compared to the precovid work culture expenses, Earlier such expenses of the employees were saved by using the office infrastructure. Therefore in the upcoming budget 2022 estimates are being made that the service class may get a respite in the form of WFH allowance. Even Tax & finance-related service provider company Deloitte India has demanded a WFH allowance for employees.

On February 1, once again Nirmala Sitharaman is going to present the budget of the Modi government. Talking about the history of budget, it is older than independence. For the first time in the country the budget was presented in the year 1860. Let us know 10 special things related to the budget.

Since independence, the full budget and interim budget have been presented many times in the country. During this, there were many such budgets, which were very popular due to their historical steps. Let us know about some such special budgets which got recognition by different names.