Budget 2020 PDF Download | Budget 2020 Highlights PDF Download |

Budget 2020 PDF Download

Budget 2020 PDF Download: The Union Budget of India for 2020–2021 will be presented by Finance Minister, Nirmala Sitharaman on 1 February 2020 as her second budget. This will be the second budget of Narendra Modi led NDA government’s second term. The Economic Survey for 2019-2020 is released on 31 January 2020, a day before the budget.

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The Union Budget of India for 2020–2021 presented by Finance Minister, Nirmala Sitharaman on 1 February 2020 as her second budget. This will be the second budget of Narendra Modi led NDA government’s second term. The Economic Survey for 2019-2020 is released on 31 January 2020, a day before the budget.

Following the age-old tradition, the Union Finance Minister Nirmala Sitharaman, MoS Anurag Thakur and team met President of India Ram Nath Kovind at Rashtrapati Bhawan before presenting Union Budget 2020 Bahi Khata.

Budget Quiz 2020: Quiz Based on Union Budget 2020

The Union Budget of India, also referred to as the Annual Financial Statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialised before the beginning of new financial year in April. Until 2016 it was presented on the last working day of February by the Finance Minister in Parliament. The budget, which is presented by means of the Finance bill and the Appropriation bill has to be passed by Lok Sabha before it can come into effect on 1 April, the start of India’s financial year.

As of September 2017, Morarji Desai has presented 10 budgets which is the highest count followed by P Chidambaram’s 9 and Pranab Mukherjee’s 8. Yashwant Sinha, Yashwantrao Chavan and C.D. Deshmukh have presented 7 budgets each while Manmohan Singh and T.T. Krishnamachari have presented 6 budgets.

The first Union budget of independent India was presented by R. K. Shanmukham Chetty on 26 November 1947.

The Union Budget of India for 2014–2015 was presented by Arun Jaitley on 10 July 2014.

The Union Budget of India for 2015–2016 was presented by Arun Jaitley on 28 February 2015.

The Union Budget of India for 2016–2017 was presented by Arun Jaitley on 29 February 2016.

The Union Budget of India for 2017–2018 was presented by Arun Jaitley on 1 February 2017.

The Union Budget of India for 2018–2019 was presented by Arun Jaitley on 1 February 2018.

The Interim Union Budget for 2019–2020 was presented by Piyush Goyal on 1 February 2019.

The Union Budget for 2019–2020 was presented by Nirmala Sitharaman on 5 July 2019.

Until the year 1999, the Union Budget was announced at 5:00 pm on the last working day of the month of February. This practice was inherited from the Colonial Era. Another reason was that until the 1990s, all that budgets seem to do was to raise taxes, a presentation in the evening gave producers and the tax collecting agencies the night to work out the change in prices. It was Mr.Yashwant Sinha, the then Finance Minister of India in the NDA government of Atal Bihari Vajpayee, who changed the ritual by announcing the 1999 Union Budget at 11 am.

Union Budget 2020 Highlights PDF Download

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Also Read: Current Affairs 2019 | Static GK 2020 PDF

Prashant Chaturvedi

Prashant Chaturvedi

Author: Prashant Chaturvedi

"I" do not exist anymore.

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