Interim Budget 2024: Know These Interesting Facts About To The Budget

Worth February 01, 2024 By Ananya Jain Image Courtesy: iStock

A Scot presented India's first budget Do you know that a Scottish man named James Wilson presented the first budget of India in the year 1860, i.e. long before independence. Also, income tax concept was introduced in India.?? Image Courtesy: businesstoday

India's second finance minister did not read the budget India's second Finance Minister John Mathai had reportedly decided not to read the Union Budget and had asked for the budget to be circulated on white paper.?? Image Courtesy: Twitter

Morarji Desai presented maximum budget The record for presenting the most budgets as the Finance Minister of India is held by the country's former Prime Minister Morarji Desai, who presented it ten times.?? Image Courtesy: Pinterest

'Black' budget of 1973 The 1973 Union Budget earned the moniker 'Black Budget' due to its significant Rs 550 crore fiscal deficit, reflecting government overspending. Image Courtesy: WikiBio

'Dream' budget of 1997 The Union Budget of 1997 which was presented by former Finance Minister P. Chidambaram is known as the 'Dream Budget' because of the roadmap of major reforms. Image Courtesy: Twitter

Two Finance Ministers who became President Pranab Mukherjee and R Venkataraman have been two Finance Ministers who later became the President of India. Image Courtesy: Open Magazine

Only two women have presented the budget The two women who have presented the Budget for India are late Prime Ministers Indira Gandhi (1970�C71) and Nirmala Sitharaman (2019�Cpresent). Image Courtesy: Twitter

Interim Budget 2024: Know These Interesting Facts About To The Budget

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