Budget 2024 The Union Budget 2024 is scheduled to be presented on February 1 by Finance Minister Nirmala Sitharaman.

What is Budget? The Union Budget, also known as the 'Annual Financial Statement' or the Statement of the Estimated Receipts and Expenditure of the Central Government, is presented to the Lok Sabha prior to the start of each fiscal year.

What is Budget presentation? While talking about the Union Budget, we always talk about 'Budget presentation'. Here is what it means.

Budget speech The Union finance minister reads out a 'Budget Speech' on the day in the Lok Sabha. This is part of the Budget presentation.

Salient points The finance minister's Budget speech includes salient points of the Union Budget of the next fiscal years.

Copy laid out As the Budget gets presented, copies of the detailed document is laid out in front of the Members of Parliament. The document can be thousands of pages long.

Uploaded online After the Budget speech is done and the Budget is presented, the copy is uploaded online.

Budget Session The Budget session generally kicks off on January 31, and continues till May for deliberation, voting and approval of the Budget.