Budget 2019: Govt’s intent to present ‘regular budget’ questionable, says Congress

By: |
New Delhi | Updated: Jan 24, 2019 8:55 PM

Budget 2019: Senior Congress leader Anand Sharma said the government's intent in doing so is questionable and termed the move a "desperate attempt" to make "grandiose announcement and hoodwink people" in contravention of the Constitution.

Budget 2019, Congress, Anand Sharma, bjp government, Finance Bill Sharma, a former union minister, said for a budget for 12 months, the government must have the same tenure. (IE)

Budget 2019: To reports claiming the Centre was planing to present a “regular budget”, the Congress Thursday said it will be against all norms and established Parliamentary practices. Senior Congress leader Anand Sharma said the government’s intent in doing so is questionable and termed the move a “desperate attempt” to make “grandiose announcement and hoodwink people” in contravention of the Constitution.

“The BJP government’s move to present a regular budget few months before the elections is against all norms, rules and established Parliamentary practices. The term of the government is five years, which ends in May 2019. The government presented five full budgets and can only present a vote on account,” he said.Sharma, a former union minister, said for a budget for 12 months, the government must have the same tenure.

Also read| Budget 2019: Piyush Goyal has a tough ask – containing burgeoning government expenditure in election year

A tenure of three months and a budget for one year is “bizarre and unprecedented”, he said, noting that the budget is followed by the Finance Bill that must be adopted in 75 days.

Do you know What is Finance Bill, Short Term Capital Gains Tax, Fiscal Policy in India, Section 80C of Income Tax Act 1961, Expenditure Budget? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1West Bengal Elections 2021: PM Narendra Modi to address rally at Brigade ground tomorrow; BJP’s first candidate list expected today
2Assam Election 2021: Jailed activist Akhil Gogoi to contest assembly polls from Sibsagar
3West Bengal Polls: 114 new faces in TMC candidate list; party looking to beat anti-incumbency