As Indians are awaiting the Union Budget 2018 to be presented in the Parliament by Finance Minister Arun Jaitley, here is a look at a brief history of Budgets and 15 interesting facts you should know about it.
Source: India Today
2. Since 2017, the Union Budget is presented by the Finance Minister of India in the Parliament on the first working day of February unlike how it used to be presented on the last working day of February. This move was to facilitate the materialisation of the reforms by the commencement of the new financial year in April.