New Delhi: The Budget Session of Parliament will begin from January 29 and Finance Minister Arun Jaitley will present the Union Budget on February 1. This was recommended by the Cabinet Committee on Parliamentary Affairs (CCPA), which met on Friday.
President Ramnath Kovind will address the joint sitting of the two Houses on January 29 and the Economic Survey will be tabled on the same day, Parliamentary Affairs minister Ananth Kumar told reporters after the CCPA meeting.
The first phase of the session will be from January 29 to February 9. After a recess, Parliament will meet again from March 5 to April 6, he informed.
The Budget will be presented by Mr Jaitley for the fiscal year 2018-19.
The Budget holds special significance as it will be the first one after the introduction of the Goods and Services Tax (GST) regime on July 1, 2017.
Apart from this, the 2018 budget will be Mr Jaitley’s last full budget ahead of the general election in 2019.
In 2017, for the first time, the Budget was presented on February 1, as opposed to the last day of the month, as was the norm prior to that.
The government had also scrapped the practice of a separate railway budget from last year.
