Categories: Budget

Paperless Budget 2021

 

Budget 2021 will be completely paperless, First after Independence.

Due to the Covid 19 pandemic, the Union Budget papers will not be printed for the first time since Independence sources aware of the development said.

The Union Budget is printed annually in the home press of the finance ministry, involving approximately 100 workers who have to remain together for almost a fortnight before the papers are printed, sealed, and delivered on the budget day.

However, this year the government has chosen not to conduct the exercise and share soft copies of the Budget instead, considering the Covid 19 pandemic and the rise in the number of cases again.

The Budget papers – the Union Budget and Economic Survey – will not get printed, soft copies will be provided,” the official said.

Both Members of Parliament will get, the official added, soft copies of the Union budget. On February 1, the Union Budget will be presented by Finance Minister Nirmala Sitharaman.

Parliament’s budget session will begin on January 29 and run until April 8. In two pieces, the session will take place. The first session will run from January until February 15, and the second session will take place from March 8 to April 8.

Between the courses, from February 16 and March 7, there will be breaks. After the monsoon session, the Budget session will take place. Due to the increasing number of Covid cases last year, the winter session of Parliament did not take place.

Popular blog:-

Rajput Jain & Associates

Rajput Jain & Associates is a Chartered Accountants firm, with it's headquarter situated at New Delhi (the capital of India). The firm has been set up by a group of young, enthusiastic, highly skilled and motivated professionals who have taken experience from top consulting firms and are extensively experienced in their chosen fields has providing a wide array of Accounting, Auditing, Taxation, Assurance and Business advisory services to various clients and their stakeholders. Rajput jain & Associates, a professional firm, offers its clients a full range of services, To serve better and to bring bucket of services under one roof, the firm has merged with it various Chartered Accountancy firms pioneer in diversified fields. We have associates all over India in big cities. All our offices are well equipped with latest technological support with updated reference materials. We have a large team of professionals other than our Core Team members to meet the requirements of our prospective clients including the existing ones. However, considering our commitment towards high quality services to our clients, our team keeps on growing with more and more associates having strong professional background with good exposure in the related areas of responsibility.

Recent Posts

What is DRC 03 under the Goods and Services Tax system?

What is DRC 03 under the Goods and Services Tax system? It acknowledges the voluntary payment of tax dues by… Read More

2 weeks ago

Investment Advisors collected fee equal to client’s income

Investment Advisors collected fee "almost equal" to client's annual income, 4x another client's investable amount; fined Rs 40 lakh The… Read More

2 weeks ago

Parents Can Claim TCS Credits for Children Foreign Education

Parents Can Claim Tax Collected at Source Credits for Foreign Education of Children: New Income Tax Rule: The recent changes… Read More

2 weeks ago

Optional vs Mandatory Table of GSTR 9 & GSTR 9C

All about Optional vs Mandatory Table of GSTR 9 & GSTR 9C The GSTR 9 and GSTR 9C forms for… Read More

2 weeks ago

Advisory on Hard Locking of auto-populated values in GSTR-3B

GSTN: Advisory on Hard Locking of auto-populated values in GSTR-3B The Goods and Services Tax Network issued an Advisory on… Read More

3 weeks ago

Disallowance Section 40(a)(ii) of Domestic & Foreign Taxes

Disallowance Section 40(a)(ii) of Indian / Domestic Taxes:  What is Section 40(a)(ii) & its Disallowance? The provision you're referring to,… Read More

3 weeks ago
Call Us Enquire Now