Union Budget 2018 to be presented on February 1

New Delhi : The Union Budget 2018 will be presented on February 1, said Parliamentary Affairs Minister Ananth Kumar.

He also revealed that the budget session of Parliament will begin from January 29 and will conclude on February 6.

The Phase 1 of the session will be held from January 29 to February 9 while the second phase will be from March 5 to April 6, Kumar said.

Like last year, the budget will be presented by Finance minister Arun Jaitley for the fiscal year 2018-19.

President Ramnath Kovind will address the joint sitting of the two Houses on January 29 and the Economic Survey will be tabled on the same day.

This will be the first budget post crucial GST bill implementation.