Final stage of Union Budget 2023-24 commences with Halwa Ceremony



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The final preparations for the Union Budget 2023-24 have officially begun with the traditional Halwa Ceremony. This event signifies the commencement of the 'lock-in' period for budget documents. For the third consecutive year, the budget will be presented in a paperless format on February 1st, 2023, with all essential documents accessible via a bilingual mobile app and the official budget website.

The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, in the presence of Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman and Union Ministers of State for Finance Shri Pankaj Chaudhary and Dr. Bhagwat Kisanrao Karad. A customary Halwa ceremony is performed every year before the lock-in process of Budget preparation begins. Like the previous two Union Budgets, Union Budget 2023-24 will also be de
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FAQ :

The Halwa Ceremony is a traditional event held annually to mark the final stage of the Union Budget preparation process, just before the 'lock-in' period begins.

The Union Budget 2023-24 is scheduled to be presented on February 1st, 2023.

Yes, like the previous two budgets, the Union Budget 2023-24 will be delivered in a paperless format.

All 14 Union Budget documents will be available on the 'Union Budget Mobile App' and the official website (www.indiabudget.gov.in) after the Finance Minister's speech on February 1st, 2023.

Yes, the Union Budget Mobile App is bilingual and available in both English and Hindi.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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