Jaitley said there was a practice to present the budget on February 28 but this year it would be presented on February 1.
The Budget session of Parliament was convened to start from January 31, a day before the Union Budget is likely to be presented.
Finance Ministry today invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.
Venkaiah Naidu today said the Union Budget is for the country and would not be state specific.
Prez says need to be extra careful to alleviate the suffering of the poor .
Opposition parties approached the Election Commission seeking that the Union Budget's presentation be deferred.
Gadkari says FinMin proposing FY18 capex outlay at only Rs 58,362 crore or less than 50 per cent of Transport Ministry's proposal of Rs 90,904 crore.
A day after TMC leader Sudip Bandyopadhyay was arrested by CBI, West Bengal FM Amit Mitra staged an angry walkout from a pre-Budget meet.
With opposition protesting the move to present Union Budget on February 1, BJP rubbished their claims saying it should not be linked to election cycle.
Finance Minister Arun Jaitley will hold pre-budget consultation with states on January 4, after the meeting of the GST Council gets over.
PM Modi said advancing the date of budget presentation would help getting funds authorised for different sectors at the start of the financial year.
Reliance Capital chief investment strategist Madhusudan Kela says government is in a “sweet spot” and has space to roll out stimulus in the Budget.
India Inc has demanded cut in tax rates and bolstering government spending on infrastructure and rural areas to pump prime the economy.
Budget 2017 would do well to cut the personal and corporate income tax rate to 25 per cent, further moderate the proposed goods and services tax rates.
The public feedback for Budget has been a regular feature on MyGov for the last two years.
Prabhu says the government may now step up spending in the Budget to spur demand.
Prabhu says government needs to continue filling in the gaps in spending.
India Inc suggested complete elimination or a major reduction in Minimum Alternate Tax.
FM says one of the major priorities of the Government is to make an extensive social welfare system.
Assocham president Sunil Kanoria says demonetisation has crimped economic activity by 40%.
Finance Ministry is gearing up to present the Budget for next fiscal around February 1, advancing the scheduled date by a month.