Union Budget To Be Presented on February 1st. Here’s Everything to Know About It

Union Budget is about be presented on February 1st by the Finance Minister Nirmala Sitharaman. Find out more about what is being presented.

Finance India is waiting for the presentation of the Budget 2023 amidst the global recession and economic crisis. Union Budget is the biggest event in our country and it is valid to create such hype around it. Many economic and financial decisions are taken on this day including cryptocurrency. It is presented by the Ministry of Finance with proper guidance from all cabinets.

The Union Budget of India will be presented on February 1, 2021, at 11 am. The Budget session, during which the Budget is typically presented, will begin on January 31 and continue until April 6, with a break in the middle. In contemporary years, the Budget has been given on February 1.

The Budget will be presented by FM Nirmala Sitharaman. The average duration is 1.5 hours to 2 hours, while the longest presented was in 2021 which was 2 hours and 40 minutes long.

The Union Minister of Finance of India presents the Economic Survey of India in Parliament a day before the Union Budget is presented. The Economic Survey is generally presented on the first day of the Budget session, which is held in the Parliament of India. The Economic Survey is a report that provides an overview of the economic developments in the country during the previous fiscal year and outlines the economic challenges and opportunities that the country is likely to face in the coming year.