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Economy / The Economic Times

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Budget 2026: Full budget vs vote on account; Understanding the major differences

Full Budget and Vote on account explanation: A Full Budget is the government's comprehensive annual financial plan, detailing past performance and future revenue and spending. In contrast, a Vote on Account is a temporary measure for essential expenses when a full budget cannot be presented, typically during elections. Unlike a full budget, it doesn't introduce new policies or tax changes.

10 Dec 2025 11:00 am