The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947. Finance Minister Arun Jaitley and other officials on Thursday participated in the 'halwa ceremony', a ritual which marks the process of printing documents for the Budget for 2017-18. "After the Halwa ceremony, more than 100 officials of the finance ministry will stay in Budget printing press till FM's Budget Speech is over," the ministry said in a series of tweets. The ceremony, it said, marks ... Rediff.com, 1 month ago
As the budget-making process gathers pace ahead of the new presentation date of February 1 instead of the last working day of the second month of the calendar year, the finance ministry has decided to go for the “outcome-based budgeting”. The ministry is ...The Financial Chronicle, 2 months ago
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