Union minister Arun Jaitley will soon be presenting Budget 2018 in Parliament. There are at least 10 things to be known about Indian budget, any budget for that matter, to really understand its implications on our daily lives. Starting from the financial year which begins in India on April 1 to several other terms like Income Tax exemption, rate of inflation, direct and indirect taxes, Gross Domestic Product (GDP), Repo rate etc, are needed to be known clearly. This will help in understanding Budget better.
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