Printing process for Union General Budget 2020-21 commences with Halwa Ceremony

New Delhi : The Halwa ceremony, marking the commencement of Budget printing process for Union General Budget 2020-21, was held here in North Block today morning in the presence of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.

Union General Budget 2020-21 is to be presented on 1st February, 2020. To maintain the secrecy of Budget, there is a “lock-in” of the officials involved in making the Budget. Budget Press, situated inside North Block, houses all officials in the period leading up to the presentation of the Union Budget. These officers and staff will come in contact with their near and dear ones only after the Budget is presented by the Union Finance Minister in Parliament.

At the Halwa Ceremony, Smt. Sitharaman was accompanied by Union Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur; Shri Rajeev Kumar, Finance Secretary; Shri Atanu Chakraborty, Secretary, DEA; Dr A.B. Pandey, Revenue Secretary; Shri Tuhin Kanta Pandey, Secretary, DIPAM; Shri T.V. Somanathan, Secretary, Expenditure among other officers of the Ministry of Finance.

Shri P.C. Mody, Chairman, CBDT; Shri John Joseph, Chairman, CBIC; Members of CBDT & CBIC; Shri Rajat Mishra, Joint Secretary (Budget), besides others 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 Budget printing process.

Comments are closed.

Business News Finance GigaPro Goodwill Wealth Management PNN News Press Release

Goodwill Wealth Management Empowers Investors with GigaPro and Comprehensive Financial Services

Chennai (Tamil Nadu) [India], September 4: Goodwill Wealth Management Private Limited, a leading stock broker in India, is revolutionizing the investment landscape with the launch of its flagship mobile trading app, GigaPro, and a comprehensive suite of financial services designed to empower investors at every level. GigaPro is a powerful, user-friendly platform that simplifies the […]

Read More
CEO Fair Deal Wealth Advisors Finance financial literacy Mastering Your Money online seminar Press Release Varun Hiremath

Varun Hiremath, CEO of Fair Deal Wealth Advisors Brings Financial Literacy to the Community

Mumbai (Maharashtra) [India], August 22: Varun Hiremath, the visionary behind Fair Deal Advisors, recently hosted an online seminar titled “Mastering Your Money: Financial Literacy for Everyone,” focused on simplifying finance for a diverse audience. The event drew a remarkable turnout, with participants from various age groups eager to enhance their financial literacy. The seminar was designed to demystify […]

Read More
Empowering India's Economic Growth Finance increased foreign investments PractiseGuru Press Release

Empowering India’s Economic Growth: How Tax Professionals Navigate Challenges and Thrive with PracticeGuru’s Solutions

New Delhi [India], August 20: India’s remarkable economic growth, fueled by rapid industrialisation, increased foreign investments, and a thriving domestic market, has catapulted the country onto the global stage. In this journey, tax professionals such as chartered accountants (CAs), company secretaries (CS), cost accountants (CMAs), and lawyers have played pivotal roles, their contributions integral to […]

Read More