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Govt starts biggest ever overhaul of Budget

The 2017-18 Union Budget is likely to be read on the last day of January

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Arup Roychoudhury New Delhi
The finance ministry set in motion the most comprehensive overhaul of the Budget exercise in independent India, as it issued the Budget circular on Thursday evening. The circular is the starting point of preparations of the Budget.

The 2017-18 Union Budget is likely to be read on the last day of January, instead of the last day of February. It will also be the first one in which the railway Budget and the general Budget will be merged.
Read our full coverage on Union Budget 2016

The circular said there would be no five-year plans after

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