How is Union Budget Made? The Union Budget is prepared approximately six months prior to its presentation in Parliament, which typically takes place in September.

The Union Budget is an annual financial statement that outlines the government’s revenue and expenditure for the upcoming fiscal year. It’s presented by the Finance Minister in Parliament.

Lok Sabha Speaker Om Birla ordered a guillotine to pass the Union Budget 2025 and expedite the passage of demands for grants across various ministries without discussion in the face of Opposition ...