From the Grassroots
- POSTED ON: 16 Feb, 2018
- TOTAL VIEWS: 1278 Views
- POSTED BY: Lavanya Mohan | Young World
- ARTICLE POINTS: 100 Points
The Finance Minister, Arun Jaitley, presented the Union Budget on the February 1 this year. The Budget is an important event that is watched and talked about by millions of people in our country. Why? Because the Budget explains how the government spent our country’s money last year and how it plans to spend it the coming year.
The Budget also affects our day-to-day life, since a big part of our country’s money comes from people like you and me, the citizens of this country. It is our duty to contribute to our country by way of paying taxes. Taxes are a fee that we pay to our country in exchange for being able to do something, or to buy something. Some of the taxes we pay are Income Tax and Goods and Service Tax. The government of our country then uses this money to improve the lives of the poor, the underprivileged as well as you and me.