Finance Ministry

Printing process for General Budget 2019-20 commences with Halwa Ceremony 

Printing process for General Budget 2019-20 commences with Halwa Ceremony 
As per Press Release issued by the Finance Ministry, Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block today afternoon in the august presence of the Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman.

Union General Budget 2019-20 is to be presented on 5th July, 2019. To maintain the secrecy of Budget, there is a “lock-in” of the officials involved in making the Budget. Budget press situated in North Block, which houses all the officials in the period leading up to the presentation of the Union Budget. These officers and staff gain touch with their near and dear ones only after the Budget is presented by the Union Finance Minister in Parliament.

At the Halwa Ceremony, the Union Finance Minister was accompanied by the Union Minister of State for Finance & Corporate Affairs, Shri Anurag Thakur; Shri S.C.Garg, Finance Secretary; Shri A.B.Pandey, Revenue Secretary; Shri Rajiv Kumar Secretary, DFS, and Shri Atanu Chakraborty, Secretary, DIPAM, among others.

Shri P.C. Mody, Chairman, CBDT; Shri P.K. Das, Chairman, CBIC, Members of CBDT & CBIC and Shri Arvind Srivastava, Joint Secretary (Budget), besides other officers and staff of the Ministry of Finance involved in the Budget preparation and printing process were also present on the occasion. Later, the Finance Minister took a round of the Press and acquainted herself about the printing process.

****

Share

Recent Posts

  • Income Tax

Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT

Penalty u/s 271B for unfilled column 40 in Form 3CD related to details regarding turnover, gross profit etc. for previous…

2 days ago
  • Income Tax

Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT

Merely rectifying computation without amending assessment order without notice to assessee does not nullify the entire assessment  - ITAT In…

6 days ago
  • Income Tax

Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT

Once assessee discharges primary onus of providing basic documents in support of the identity, genuineness and the creditworthiness it shifts…

7 days ago
  • Income Tax

Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII

CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…

7 days ago
  • Income Tax

Power of CIT(A) u/s 251(1)(a) to remand case can be exercised only in best judgment assessment

Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…

1 week ago
  • ICAI

ICAI (Global Networking) Guidelines, 2025 kept in abeyance

ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…

1 week ago