Union Budget 2023: FM Nirmala Sitharaman performs Halwa ceremony - Know all about the annual pre-budget ritual
Budget 2023: As per the ritual of Halwa ceremony, the halwa is prepared in a large wok and served to the officials of the finance ministry who are directly associated with the Budget.
Budget 2023: The halwa ceremony that marks the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, on Thursday. Union Finance & Corporate Affairs Minister Nirmala Sitharaman and Union Ministers of State for Finance Pankaj Chaudhary and Dr Bhagwat Kisanrao Karad were present at the ceremony.
Watch the video on why Halwa ceremony is performed
At the halwa ceremony, the Union Finance Minister was also accompanied by Dr T.V. Somanathan (Finance Secretary & Secretary Expenditure), Ajay Seth (Secretary, Economic Affairs), Tuhin Kanta Pandey (Secretary, DIPAM), Sanjay Malhotra (Secretary, Revenue), Chief Economic Advisor Dr Anantha V. Nageswaran, Nitin Gupta (Chairman, Central Board for Direct taxes - CBDT), Vivek Johri (Chairman, Central Board for Indirect Taxes and Customs - CBIC), and Ashish Vachhani (Additional Secretary - Budget), and other officers and staff of the Ministry of Finance who are involved in the Budget preparation and compilation process.
Like the previous two Union Budgets, Union Budget 2023-24 will also be delivered in paperless form. The Union Budget 2023-24 will be presented on February 1 by the Finance Minister.
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