This would be the first budget after the rolling out of the Goods and Services Tax bill (GST). The Budget session of Parliament may begin on January 30 with President Ram Nath Kovind addressing the Joint Session of both the Houses of Parliament, a senior government official told PTI. The Finance Ministry is also reportedly working on offering larger sops to pensioners as well as corporates in the 2018-2019 Union Budget. Also read AirAsia tickets in Rs 999: deal details you need to knowThe Union Budget 2018-19 would be the last full Budget of the BJP-led NDA government before the 2019 General Elections. This meant government departments would start spending on projects only from August-end or September, after the monsoon season ended.

Source: dna December 04, 2017 07:43 UTC