What is the Difference between union budget and interim budget
An Interim Budget is presented by the Government in the Parliament in case it has no time to present the complete budget. This generally happens when the elections are approaching and the Budget is to be presented before the voting is done. It is only justified if the ruling Government presents the Budget. Vote on Account passed through the interim budget and allows the Government to meet small expenditures before elections occur.
Written By: Zee Business Video Team