| Annual Financial Statement of the Central Government for the year 2018–19 The Appropriation Bill, 2018 The Finance Bill, 2018 | |
|---|---|
 | |
| Submitted by | Arun Jaitley |
| Submitted to | Parliament of India |
| Presented | 1 February 2018 |
| Passed | 1 February 2018 |
| Parliament | 16th (Lok Sabha) |
| Party | Bharatiya Janata Party (BJP) |
| Finance minister | Arun Jaitley |
| Total revenue | ₹2,399,147 crore (equivalent to ₹34 trillion or US$400 billion in 2023)[1] |
| Total expenditures | ₹2,920,484 crore (equivalent to ₹41 trillion or US$490 billion in 2023) (grand total)[2] |
| Program Spending | ₹2,442,213 crore (equivalent to ₹34 trillion or US$410 billion in 2023) (through budget)[3] |
| Tax cuts | 5% (in corporate tax for companies with turnover up to ₹250 crore (equivalent to ₹334 crore or US$40 million in 2023)) |
| Debt payment | ₹575,795 crore (equivalent to ₹8.1 trillion or US$97 billion in 2023)[3] |
| Deficit | ₹624,276 crore (equivalent to ₹8.8 trillion or US$100 billion in 2023)[4] (3.3%)[4] (Fiscal deficit) ₹416,034 crore (equivalent to ₹5.8 trillion or US$70 billion in 2023)[4] (2.2%)[4] (Revenue deficit) |
| Website | Official website |
|
‹ 2017 | |
The 2018 Union Budget of India (ISO: 2018 Ke Liye Bhārat Kā Saṅghīya Bajaṭ) was the annual financial statement (AFS), demand for grants, appropriation bill and finance bill of India for the financial year 2018–19.[5]
It was presented to Parliament on 1 February 2018 by Finance Minister Arun Jaitley.[6][7][8]
- ^ "Receipts" (PDF). Ministry of Finance, Government of India. Retrieved 29 January 2018.
- ^ "SUMMARY OF EXPENDITURE" (PDF). Ministry of Finance, Government of India. Retrieved 29 January 2018.
- ^ a b "Expenditure of Government of India" (PDF). Ministry of Finance, Government of India. Retrieved 29 January 2018.
- ^ a b c d "Debt and Deficit Statistics" (PDF). Ministry of Finance, Government of India. Retrieved 29 January 2018.
- ^ "Part V of the Constitution of India- The Union – Articles 110(a), 112, 113 and 114(3)" (PDF). Ministry of Law and Justice, Government of India. pp. 44–49. Archived from the original (PDF) on 24 August 2015. Retrieved 30 January 2018.
- ^ Khanna, Pretika; Varma, Gyan; Nair, Remya (5 January 2018). "Union Budget 2018 to be presented on 1 February". Live Mint. New Delhi: HT Media Ltd. Retrieved 16 February 2018.
- ^ Taneja, Richa, ed. (29 January 2018). "Budget 2018 To Be Presented By Finance Minister Arun Jaitley: Time, Date, All Details Here". NDTV. New Delhi. Retrieved 30 January 2018.
- ^ "Union Budget 2018 to be presented on February 1". The Times of India. New Delhi. TIMESOFINDIA.COM. 5 January 2018. OCLC 23379369. Retrieved 16 February 2018.