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Interim Union Budget 2024 Preparations Begin with Halwa Ceremony

The Interim Union Budget 2024 was prepared for the last time yesterday at the North Block Halwa ceremony, which was attended by Union Minister of State for Finance Dr. Bhagwat Kisanrao Karad and Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman.

Every year, a traditional Halwa ritual is held prior to the start of the budget preparation “lock-in” process.

Similar to the last three complete Union Budgets, the Interim Union Budget 2024 will be distributed electronically. On February 1st, 2024, the Interim Union Budget 2024 is scheduled to be unveiled.

All the Union Budget documents, including the Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution, will available on the “Union Budget Mobile App” for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public using the simplest form of digital convenience. It is bilingual (English & Hindi) and will be available on both Android and iOS platforms. The App can also be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in).

The Budget documents will be available on the Mobile App after the completion of the Budget Speech by the Union Finance Minister in Parliament on 1st February, 2024.

At the Halwa Ceremony, the Union Finance Minister was also accompanied by Dr. T.V. Somanathan, Finance Secretary & Secretary Expenditure; Shri Ajay Seth, Secretary, Economic Affairs; Shri Tuhin Kanta Pandey, Secretary, DIPAM; Shri Sanjay Malhotra, Secretary, Revenue; Shri Nitin Gupta, Chairman, Central Board for Direct taxes (CBDT); Shri Sanjay Kumar Agarwal, Chairman, Central Board for Indirect Taxes and Customs (CBIC); and Shri Ashish Vachhani, Additional Secretary (Budget), besides others officers and staff of the Ministry of Finance, involved in the Budget preparation and compilation process, were also present on the occasion.

As part of the ceremony, the Union Finance Minister also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned.

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Source: PIB

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