2 years, 11 months ago
Union Budget 2022: Budget Presentation In India And Its Fascinating History. All You Need To Know
ABP NewsNew Delhi: In the backdrop of the third wave of Covid-19, Parliament will meet from January 31 to April 8 for the Budget Session — the longest annual session. In independent India, the Union Budget used to be presented on the last working day of February, continuing with the colonial-era practice. In 2017, then finance minister Arun Jaitley announced that the Union Budget would be presented on February 1 from now. First Union Budget The first Union Budget of independent India was presented by RK Shanmukham Chetty on November 26, 1947. First United-India Budget In 1949-50, John Mathai succeeded Shanmukham Chetty as the finance minister and presented the first united-India budget.
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History of this topic
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