Dates of First Rail & Union Budget by Modi Government announced

CA Sandeep Kanoi

As reported by us in our post dated 18.06.2014 titled  ‘Union Budget on 10th July 2014, Rail Budget on 8th July 2014’ government has announced yesterday (23.06.2014) dates of Rail Budget, Union Budget, Release of Economic Survey and Budget Session. The whole schedule of the budget process is the same as reported by us in our post dated 18.06.2014. While the other are predicting the Union budget to be presented either on 9th July or 11th July, we have correctly reported the expected date of budget 2014.

Cabinet Committee on Parliamentary Affairs (CCPA) decided  at a meeting held in Parliamentary Affairs Minister M Venkaiah Naidu’s chamber in Parliament House that –

• Budget session of Parliament will be held from 7 July to 14 August
• The Rail Budget will be presented on 8 July, 2014
• Economic Survey will be released on 9 July
• First General Budget of the Narendra Modi government will be presented on 10 July

We wish all the taxguru readers a Very Happy Budget 2014.