Economy

FM Arun Jaitley to present interim budget in February 2019, says report

Updated : November 23, 2018 10:53 AM IST

Finance minister Arun Jaitley will present an interim budget for FY20 in February, four months before the Lok Sabha elections, which is expected to highlight the government’s achievements and lay out its plan for the next five years, The Economic Times reported.

Jaitley has rejected all the speculations that claimed that he would present a full budget before the general elections, ET reported on Friday.

The report said, “There have been reports that the government will present a full budget, taking advantage of its decision last year to bring forward the presentation by a month to the start of February rather than the end." However, the officials denied the claims and termed them as "inaccurate", the report added.

The finance ministry, however, may mention few tax measures in the budget, according to the report. The ministry has sought inputs from different central ministries for the budget which will be presented on February 1, 2019, the report said.

This will be the sixth budget in a row to be presented by Arun Jaitley.