The normal ‘Halwa ceremony’ to be held on Thursday in presence of Finance Minister Nirmala Sitharaman to mark the start of compilation of finances paperwork.
“The Halwa ceremony, marking the ultimate stage of the Finances preparation course of for Union Finances 2023-24, will likely be held tomorrow within the presence of Union Finance & Company Affairs Minister Smt. @nsitharaman, within the Finances Press located inside North Block,” the finance ministry stated in a sequence of tweets.
Just like the earlier two Union Budgets, Union Finances 2023-24 can even be delivered in paperless kind. The Union Finances 2023-24 is to be introduced on 1st February, 2023. (2/4)
— Ministry of Finance (@FinMinIndia) January 25, 2023
This time the Halwa ceremony coincides with the Republic Day.
Just like the earlier two Union Budgets, Union Finances 2023-24 can even be delivered in paperless kind, it stated.
Earlier, this ceremony used to kick-start the printing train for the Finances. Nevertheless, Finances 2021-22 was delivered in paperless kind for the primary time. This was the primary time since unbiased India’s first Finances on November 26, 1947 that the paperwork weren’t bodily printed.
The Union Finances 2023-24 is to be introduced on February 1, 2023.
The Finances paperwork will likely be accessible on the ‘Union Finances Cellular App’ on each the Android and Apple OS platforms after the completion of the Finances speech by the finance minister in Parliament on February 1, 2023, it stated.
The cell app will facilitate full entry to 14 Union Finances paperwork, together with the Annual Monetary Assertion (generally often called Finances), Demand for Grants (DG), Finance Invoice and so forth as prescribed by the Structure.
“Together with the Union FM, the Halwa ceremony will likely be attended by the Union Ministers of State for Finance, together with Secretaries of the Ministry of Finance @FinMinIndia apart from senior officers and members of the Union Finances Press,” one other tweet stated.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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