The Union Finance Minister Nirmala Seetharaman is trying to present the Union Budget for 2020-21 on February first. She would be presenting the budget when the financial condition of the country is not good.
Ever since demonetisation the financial status of the country has gone out of control. Now the government is planning to raise the GST just before the budget.
There may not be any relief for the common man in the coming Union Budget proposed to be presented in February 2020. The Budget presentation day will be a Saturday.
The Union Minister of state Prahlad said that the same tradition of February one started by the Modi Government will continue so that the accounts would be tallied by March-end and the new accounting process would begin by April one.
Most of the sections of the society are unhappy with the way the financial conditions in the country. There is a slow down in the economy and also in the industry.
In the name of Development, nothing is moving forward. It is like one step forward and ten steps backwards. So no big expectations from this budget.
