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

  • Bank

State Bank of India elects four Directors in its Central Board

State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting…

16 hours ago
  • Income Tax

Declaration of additional income by increasing the WIP was not proper – ITAT

Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the…

2 days ago
  • Income Tax

Cash payment for purchase of land or property not violation of 269SS or 269T

Cash payment for purchase of land or property cannot be treated as violation of provisions of section 269SS or 269T…

3 days ago
  • Income Tax

Excel Utility for ITR-1 and ITR-4 available for e-filing for AY 2026-27

Income Tax Department has released excel Utility for e-filing ITR-1 and ITR-4 for AY 2026-27 Excel utilities of ITR-1 and…

4 days ago
  • Insurance

Mediclaim amount not deductible from MACT award under medical expenses – SC

Amount of money received as Mediclaim not deductible from an award passed by MACT under the head of medical expenses.…

5 days ago
  • Income Tax

ITAT jurisdiction is decided by location of AO passing the impugned order

Location of the assessing officer who passed the order shall decide the jurisdiction of the Bench of the Tribunal In…

5 days ago