Budgets in India are typically presented in Indian Rupees (INR), the official currency of the country. The Union Budget, which is presented by the Finance Minister of India on the last working day of February each year, outlines the government’s revenue and expenditure plans for the upcoming financial year.
The budget document provides detailed information on various aspects of government spending and revenue generation, including allocations for different sectors, tax proposals, and fiscal targets. It also includes estimates of revenue receipts, capital receipts, and expenditure for the coming year.
Budgets at the state level in India are also presented in Indian Rupees and follow a similar format as the Union Budget. State governments outline their plans for spending and revenue generation in their respective budget documents, which are usually presented by the Finance Minister of the state.
Overall, budgets in Indian currency play a crucial role in defining the government’s financial priorities and policies, as well as in shaping the economic direction of the country.
The currency used in India is the Indian Rupee, with the symbol ₹ and the code INR. The rupee is issued and regulated by the Reserve Bank of India. It is available in various denominations, including coins (1, 2, 5, and 10 rupees) and banknotes (10, 20, 50, 100, 200, 500, and 2000 rupees
N.B: Its Collected
