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2018's Union Budget to be presented on 1st February
Posted on: 05-01-2018 , 05:08:PM | DY365 Bureau

 Image for representational purpose only. Source : Internet

 The Union Budget of 2018 will be presented on 1st February this year, said parliamentary affairs minister Ananth Kumar on Friday.

Ananth Kumar while addressing the media in New Delhi on the last day of the winter session said that the First part of the budget session is to be held from 29th January to 9th February while the budget will be presented on 1st February. The second part will be held from 5th March to 6th April 2018.

The Union Budget 2018 will be the first budget to be presented since the rollout of the Goods and Services Tax (GST).

The Government had advanced the presentation of the Union Budget to the first day of February.

Earlier the practice of presenting the budget was on the last working day of that month.

This was done mainly to give more time to government departments to spend the budget allocated to them.



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