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Funds 2023: Halwa Ceremony Held To Mark Remaining Stage of Funds Preparation Course of

Edited By: Mohammad Haris

Final Up to date: January 26, 2023, 17:17 IST

Finance Minister Nirmala Sitharaman distributed halwa to members of Funds Press together with different workers of the finance ministry current on the event.

The pre-Funds halwa ceremony was held within the presence of Finance Minister Nirmala Sitharaman and Union Ministers of State for Finance Pankaj Chaudhary & Bhagwat Kisanrao Karad

The normal ‘Halwa ceremony‘ was on Thursday (January 26) held within the North Block, marking the ultimate stage of the Funds preparation course of for the Union Funds 2023-24. The ceremony was held within the presence of Finance Minister Nirmala Sitharaman and Union Ministers of State for Finance Pankaj Chaudhary and Bhagwat Kisanrao Karad.

“The Halwa ceremony, marking the ultimate stage of the Funds preparation course of for Union Funds 2023-24, was held in North Block, at this time afternoon, within the presence of Union Finance & Company Affairs Minister Smt. Nirmala Sitharaman and Union Ministers of State for Finance Pankaj Chaudhary and Bhagwat Kisanrao Karad,” the finance ministry stated in an announcement.

A customary Halwa ceremony is carried out yearly earlier than the “lock-in” means of Funds preparation begins.

Just like the earlier two Union Budgets, Union Funds 2023-24 will even be delivered in paperless kind. The Union Funds 2023-24 is to be offered on February 1, 2023.

All of the 14 Union Funds paperwork, together with the Annual Monetary Assertion (generally referred to as Funds), Demand for Grants (DG), Finance Invoice, and so on., as prescribed by the Structure, will out there on the ‘Union Funds Cell App’ for hassle-free entry of Funds paperwork by Members of Parliament (MPs) and most of the people utilizing the best type of digital comfort. It’s bilingual (English & Hindi) and will probably be out there on each Android and iOS platforms. The app can be downloaded from the Union Funds Net Portal (www.indiabudget.gov.in).

The Funds paperwork will probably be out there on the Cell App after the completion of the Funds Speech by the finance minister in Parliament on February 1, 2023.

On the Halwa Ceremony, the Union finance minister was additionally accompanied by T V Somanathan, finance secretary and secretary expenditure; Ajay Seth, secretary of financial affairs; Tuhin Kanta Pandey, secretary of DIPAM; Sanjay Malhotra, secretary of income; Anantha V Nageswaran, chief financial advisor; Nitin Gupta, chairman of Central Board for Direct taxes (CBDT); Vivek Johri, chairman of Central Board for Oblique Taxes and Customs (CBIC); and Ashish Vachhani, further secretary (price range) apart from others officers and workers of the Ministry of Finance, concerned within the Funds preparation and compilation course of, had been additionally current on the event.

As a part of the ceremony, the finance minister additionally took a tour of the Funds Press and reviewed the preparations apart from extending her greatest needs to the officers involved.

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