Finance Minister Nirmala Sitharaman will be presenting the Union Budget on Saturday, February 1, 2025. She will be presenting her 8th budget as as Finance Minister. On January 31, the budget session began with President Droupadi Murmu’s address in the parliament. Not only this but the economy survey of the country was presented on Friday, January 31, 2025.
India’s budget is discussed in its neighbouring countries too. One such nation is Pakistan. There is always a craze of any tournament which happen between India and Pakistan. People compare the budget too.
How India’s Budget is Different From Pakistan’s?
Last year the budget in Pakistan was presented on June 28. In Pakistan Budget is presented in the beginning of June. In India Budget comes on February 1 every year. The financial years begins from July in Pakistan.
The previous budget of Pakistan was 18,877 billion Pakistani rupee that is 5,65 lakh crore in Indian Rupee. As per reports, the budget documents stats that the gross revenue was calculated to be Rs 17,815 billion. Under this comes tax revenue of Rs 12,970 billion and rest non-tax revenue of Rs 4,845 billion.
Last Budget of India for financial year 2024-25 was Rs 47,65,768 crore. India’s share of its capital expenditure was Rs 11.11 crore, that is double the Pakistan’s budget.
