Jan 13, 2025 02:40 PM IST
Finances 2025 date and time: Finance Minister Nirmala Sitharaman can be presenting her eighth consecutive Union Finances in a row.
Finances 2025 date and time: The Union Finances 2025 or the second full price range of Modi 3.0 is scheduled to be offered by Finance Minister Nirmala Sitharaman, marking her eighth presentation of a Union Finances.
Finances 2025 date and time: Union Finance Minister Nirmala Sitharaman chairs the eighth Pre-Finances Session with the stakeholders and representatives from the commerce unions in reference to the upcoming Union Finances 2025-26, in New Delhi on Monday.(Ministry of Finance – X/ANI)
This additionally makes her the primary Finance Minister to current eight union budgets in a row. The earlier document was held by Morarji Desai who offered six consecutive budgets.
Additionally Learn: CM Saini chairs pre-budget session assembly
Union Finances 2025 date and time
Finance Minister Nirmala Sitharaman is predicted to current the Union Finances 2025 in Parliament at 11 am on Saturday, February 1, 2025.
Nevertheless, the central authorities has nonetheless not formally given a affirmation on this.
Additionally Learn: Govt might simplify earnings tax submitting guidelines in Finances 2025: Report
Historical past of the date and time of India’s union price range presentation
The union price range has at all times been offered on February 1 since 2017 because it makes the bulletins come upfront earlier than the monetary yr begins off in April.
Nevertheless, this was not the case earlier than 1997. Throughout these occasions, the Union Finances was offered on the final working day of February, and often at 5 PM.
This modified in 1997, when Finance Minister P. Chidambaram made the change by presenting the price range at 11 AM as an alternative in an try and carry extra transparency in addition to to make sure that the markets had sufficient time to react.
Then in 2017, Finance Minister Arun Jaitley modified the date of the price range presentation to February 1. This was to keep away from the election season in some states in addition to to current the price range nicely upfront of the upcoming monetary yr, which fits from April 1 to March 31.
Additionally Learn: Farmers name Authorities reforms ‘load of rubbish’ as anger over tax persists
Other than all this, the inventory market may even be open on that day, following common timings to permit traders to react to the bulletins.
Advisable Subjects Information / Finances 2025 / Union Finances 2025 date and time: When will FM Nirmala Sitharaman current Finances?
See Much less