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Budget 2023Budget 2023

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Budget 2022 | History and facts you need to know

Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23 (April 2022 to March 2023).

January 31, 2022 / 08:23 AM IST

Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23 (April 2022 to March 2023).

Here are some budget trivia:-

The Budget was first introduced in India on April 7, 1860, when Scottish economist and politician James Wilson from the East India Company presented it to the British Crown.

Independent India's first budget was presented on November 26, 1947 by the then Finance Minister RK Shanmukham Chetty.