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Budget 2021: Finance Minister Nirmala Sitharaman will present the Union Budget 2020-21 in Parliament on February 1. As an annual financial statement of a government, a Budget details the estimates of revenue and expenditure in the past as well as the time to come. Other than the Budget speech, which is delivered by the Finance Minister in Parliament while tabling the Budget, Budget documents include various sections such as the annual financial statement, the demand for grants and the macroeconomic framework. Each of these components contains specific information.
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