What is Finance bill in budget?

sfg-2026
ForumIAS LATEST
  1. 03 July | Enrich Your Ethics Answers with GS Knowledge: IAS Rank 1 Shruti Sharma | Click Here to Watch →
  2. 04 July | The Reality of Writing UPSC Mains by Ayush Sinha | Click Here to Watch →
  3. 05 July | The Right Time to Start UPSC Answer Writing by IAS Rank 39 Rohin Kumar | Click Here to Watch →
  4. 06 July | Why You Should Prepare for Mains Before Prelims by IAS Rank 28 Prachi Honey | Click Here to Watch →

The Finance Bill is introduced to give effect to the financial proposals of the Government of India for the following year.

The Finance Bill must be passed by the Parliament and assented to by the president within 75 days.

The Finance Act legalises the income side of the budget and completes the process of the enactment of the budget.

Print Friendly and PDF
Blog
Academy
Community