The Budget Session of Parliament for 2024 is set to begin on July 23 and will continue until August 12. This session holds immense significance as it coincides with the presentation of the Union Budget for the fiscal year 2024-25.

The Union Budget is a key financial statement of the government’s finances and involves the estimation of revenue and expenditure for the upcoming fiscal year. This year, in 2024, it was announced twice due to Lok Sabha elections, with the interim budget being presented in February 2024 and the union budget yet to be presented on Tuesday.