The date for the presentation of the Union Budget for FY27 is yet to be deicded, amid uncertainty over whether the exercise will take place on Sunday, February 1, or be shifted to the following working day.
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman is set to present her ninth consecutive Union Budget. It will be the first time in recent memory that the Union Budget is presented on a Sunday.
According to the sources, the President’s address to the joint sitting of Parliament will be held on January 28, marking the start of the Budget Session. The Economic Survey will be tabled in Parliament on January 29.
As a standard procedure, budgets are tabled on February 1 at 11 am, but this year reminds us of a time when the government preponed or postponed the budget presentation based on the date falling on a weekend, especially on Sundays.
In 2017, the Prime Minister Narendra Modi-led government shifted the budget date to February 1 from the earlier practice of tabling the bill on the last day of February.