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Customs 2 0 in offing; to provide fully automated stakeholder service: Revenue Secy

Customs 2 0 in offing; to provide fully automated stakeholder service: Revenue Secy
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How is Union Budget prepared? From Budget Circular to passage in Parliament, a look at the process

Union Budget 2024: What is halwa ceremony and why it is important

Union Budget 2024: In a customary halwa ceremony held at the North Block, the initiation of the compilation of documents for the Budget 2024 was marked. Present at the event were Finance Minister Niramala Sitharaman and Union Minister of State for Finance Bhagwat Kisanrao Karad. The upcoming Budget, scheduled for presentation on February 1, is a crucial financial event, and the halwa ceremony is an annual tradition that precedes it. This ritual involves the preparation and serving of "halwa" to officials and staff involved in the budget preparation process.

Halwa ceremony: FM seals the Interim Union Budget 2024 with Halwa ceremony

Finance Minister Nirmala Sitharaman observed the customary "Halwa ceremony" in North Block to mark the final stage of the Interim Union Budget 2024 preparation process. The upcoming budget is going to be an interim budget due to the upcoming elections, with the full budget to be presented in July. The Budget documents, including the Annual Financial Statement and Finance Bill, will be available on the "Union Budget Mobile App" for easy access by MPs and the public after the Budget Speech on February 1, 2024.

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