11 months, 1 week ago
Parliament Budget Session 2024 to be held from 31 Jan to 9 Feb; FM Sitharaman to present interim budget on 1 Feb
FirstpostParliament’s Interim Budget Session 2024 will be held from 31 January to 9 February. With Lok Sabha elections 2024 scheduled to be held later this year, Sitharaman would be presenting an interim budget and not a full budget. As mentioned the annual budget presented every year on 1 February acts as the full financial statement for the upcoming fiscal year - April to March, but if there in a general election on a particular year, the government uses the interim budget to ensure that the country’s machinery keep moving without any disruption. Just like Union Budget, interim budget is also presented on 1 February of the year, however, instead of the entire fiscal year ahead, it covers the remaining months of the ongoing fiscal year.
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History of this topic
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