When is Union Budget Presented?
* The union budget date
is decided by the President of India which is usually the last working day of
February. That is February 28 or 29.
* In earlier days the central budget was
presented at 5 PM in the evening. This
was done to give some relaxation to officers involved all night in budget
preparation. As we have followed many British practices, this too continued
till Year 2000.
* Mr. Yashwant Sinha began
the new timing of budget speech by presenting the budget from 2001 at 11:00 am and it’s followed till date.(2016 February)
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