Where does your tax money go? Who decides what the government spends? And what does the Budget actually mean for your life?
In The Great Indian Budget, former Finance Secretary and Economic Affairs Secretary Subhash Chandra Garg takes you behind the scenes of India's most important economic document.
Drawing on his years inside the Ministry of Finance, Garg reveals how the Union Budget is shaped by politics, economic pressures, fiscal realities and difficult trade-offs and how decisions on taxation, spending and borrowing affect everything from your EMIs and grocery bills to jobs, businesses and investments.
Clear, insightful and packed with insider perspective, this is a guide to understanding how the Government of India raises, allocates and spends your money.
Whether you are a taxpayer, student, entrepreneur, investor or simply curious about how India's economy works, The Great Indian Budget will change the way you read the Budget and understand the country's finances.
Subhash Chandra Garg, a B.Com. and LL.B. graduate, was also qualified CMA (topper, 1981 Intermediate) and CS (topper, final 1990). Securing fourth position in India, Garg joined Indian Administrative Service (IAS) in 1983. He served in many important finance and budget related positions, including secretary and principal secretary (finance) for Rajasthan and joint secretary and secretary (also finance secretary) in Ministry of Finance. He was India's Executive Director at the World Bank as well.
After taking voluntary retirement in October 2019, Garg has published four widely acclaimed books: The $10 Trillion Dream (February 2022), We Also Make Policy (September 2023), The $10 Trillion Dream Dented (October 2024), and No, Minister (July 2025).
Since 2023, Garg has published an annual commentary on Government of India budgets. He also decodes the Union Budget every year on national television on the budget day. He is a prolific writer of opinion pieces in the Quint, Deccan Herald and others.
Where does your tax money go? Who decides what the government spends? And what does the Budget actually mean for your life?
In The Great Indian Budget, former Finance Secretary and Economic Affairs Secretary Subhash Chandra Garg takes you behind the scenes of India's most important economic document.
Drawing on his years inside the Ministry of Finance, Garg reveals how the Union Budget is shaped by politics, economic pressures, fiscal realities and difficult trade-offs and how decisions on taxation, spending and borrowing affect everything from your EMIs and grocery bills to jobs, businesses and investments.
Clear, insightful and packed with insider perspective, this is a guide to understanding how the Government of India raises, allocates and spends your money.
Whether you are a taxpayer, student, entrepreneur, investor or simply curious about how India's economy works, The Great Indian Budget will change the way you read the Budget and understand the country's finances.
Subhash Chandra Garg, a B.Com. and LL.B. graduate, was also qualified CMA (topper, 1981 Intermediate) and CS (topper, final 1990). Securing fourth position in India, Garg joined Indian Administrative Service (IAS) in 1983. He served in many important finance and budget related positions, including secretary and principal secretary (finance) for Rajasthan and joint secretary and secretary (also finance secretary) in Ministry of Finance. He was India's Executive Director at the World Bank as well.
After taking voluntary retirement in October 2019, Garg has published four widely acclaimed books: The $10 Trillion Dream (February 2022), We Also Make Policy (September 2023), The $10 Trillion Dream Dented (October 2024), and No, Minister (July 2025).
Since 2023, Garg has published an annual commentary on Government of India budgets. He also decodes the Union Budget every year on national television on the budget day. He is a prolific writer of opinion pieces in the Quint, Deccan Herald and others.
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