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Tuesday, June 9, 2009

Indian Union Finance budget on July 3rd

Finance Minister Pranab Mukherjee is expected to present the 2009/10 budget on July 3, an official said today.

"Parliament's budget session is proposed from June 29 to August 7 and the budget could be presented on July 3," an official in the Parliamentary Affairs Ministry, who did not wish to be named, told reporters.

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He said the Economic Survey, an annual report on the state of economy, was likely to be presented on July 2 and the railways' budget on July 1.

The proposed dates need to cleared by the Cabinet and notified by the President's office, he said.

The government presented an interim budget for the 2009/10 (April/March) year in February ahead of national elections in April and May.

courtsy economictimes