Under Article 112, who causes the Annual Financial Statement to be laid before both Houses of Parliament?

💡 Solution & Explanation

Article 112 of the Constitution mandates that the President shall cause the Annual Financial Statement, commonly known as the budget, to be laid before both Houses of Parliament every financial year. Although the Finance Minister prepares and presents the budget on behalf of the government, the constitutional responsibility rests with the President. This provision underlines executive accountability to the legislature in Indian governance.