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Why union budget in india is conducted only. on on feb 28t

This query is : Resolved 

01 March 2013 What is the reason behind conducting union budget only on feb 28th every year? ??

02 March 2013 I don’t think there is any logic behind this; it has been practice to present the budget on last working day of February each year. This practice was started by British government.

Please let me know if you have any information about this.






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