SME Times is powered by   
Search News
Just in:   • India sweeps UN elections unopposed to ECOSOC bodies  • Petroleum Minister Puri to visit Qatar to discuss LNG supply amid West Asia crisis  • DG Shipping asks ports to provide concessions to exporters, advises seafarers to remain safe  • India opens digital portal for US business towards $500 billion bilateral trade target  • India, Bangladesh discuss ways to strengthen defence ties 
Last updated: 25 Jan, 2024  

BUDGET-GENERIC-THMB.jpg FM kicks off Interim Budget 2024 process with halwa ceremony in North Block

budget-infra-flag2010.jpg
   Top Stories
» Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts
» RBI holds repo rate at 5.25 pc, maintains neutral instance amid global uncertainty
» Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets
» Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation
» CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war
IANS | 24 Jan, 2024
The Halwa ceremony, marking the final stage of the preparation process for Interim Union Budget 2024, was held in North Block on Wednesday in the presence of Finance Minister Nirmala Sitharaman and Minister of State for Finance Dr. Bhagwat Kisanrao Karad.

The customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins after which officials associated with the budget making exercise are not allowed to leave North Block.

Like the previous three full Union Budgets, the Interim Union Budget 2024 will also be delivered in paperless form. It is to be presented on February 1, the Finance Ministry said.

All the Union Budget documents, including the Annual Financial Statement (commonly known as Budget), Demand for Grants, Finance Bill etc. as prescribed by the Constitution, will be available on the “Union Budget Mobile App” for easy access of Budget documents by MPs and the general public, according to a Finance Ministry statement.

The documents will be published both in English & Hindi and will be available on both Android and iOS platforms. The App can also be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in).

The Budget documents will be available on the Mobile App after the completion of the Budget Speech by the Union Finance Minister in Parliament on February 1.

At the halwa ceremony, the Finance Minister was also accompanied by senior officials including Finance Secretary & Secretary, Expenditure, T.V. Somanathan, Secretary, Economic Affairs, Ajay Seth, Secretary, DIPAM Tuhin Kanta Pandey, Secretary, Revenue, Sanjay Malhotra, Chairman, Central Board for Direct Taxes (CBDT), Nitin Gupta, and Chairman, Central Board for Indirect Taxes and Customs (CBIC), Sanjay Kumar Agarwal.

As part of the ceremony, the Union Finance Minister also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter