Impact of Union Budget on Indian Economy

Through this paper we tried to measure the impact of financial budget for the year 2015–16 on different sector of economy. Union budget 2015–16 was announced by Finance Minister Mr. Arun Jaitley. Financial budget of any country helps to estimate revenues and expenditure for the following year. In this study, an attempt has been made to highlight the main features of current budget. The study further analyzed the impact of budget on Indian economy & public and impact of tax reforms on commodities.