Which statement about the Finance Bill is correct?

CA Foundation · Business Economics · MTP · September 2026
Which statement about the Finance Bill is correct?
(A) A. It authorizes public borrowing
(B) B. It includes details of tax proposals
(C) C. It gives expenditure estimates
(D) D. It is introduced in Rajya Sabha

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. It includes details of tax proposals

Topics: Public Finance

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