INSUBCONTINENT EXCLUSIVE:
Till 2016, Union Budget was presented on last working day of February.
Union Budget, most
comprehensive report of government's finances, consolidates revenues from all sources and outlays for all activities
It is prepared by budget division in Ministry of Finance after consulting with other ministries
The interim Budget 2019 is scheduled to be presented by government on February 1, 2019
An interim budget covers a smaller period of time, usually few months
This Budget is last before general election due by May
Here are 10 interesting facts that you must know about Union Budget:The first Union Budget of independent India was presented
on November 26, 1947 by former finance minister RK Shanmukham Chetty.On February 29 in 1964 and 1968, Morarji Desai became only finance
minister to present Union budget on his birthday.The highest number of budget presentations has been made by former finance minister Morarji
He presented 10 union budgets.Indira Gandhi, former Prime Minister of India, took over Ministry of Finance after Morarji Desai's
was termed as "Dream Budget" as a number of economic reforms were done.Until year 1999, Union Budget was announced at 5 pm on last working
2016, Union Budget was presented on last working day of February.Finance Minister Arun Jaitley changed that tradition in 2017 when Union
Budget was presented on February 1.Till 2016, railway budget was presented a few days before Union budget
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