Union Finance Minister Arun Jaitley has said that the date for presenting the Union Budget on February 1 was decided much in advance of the Election Commission's announcement of schedule for assembly elections.He dismissed Opposition allegation thatthe Budget was scheduled keeping in view the state
elections.
Mr Jaitley said in Amritsar that there was a practice to present the budget on February 28 but this year it will be presented on February 1.The Minister said that the idea is to pass the Finance Bill by March 31, so that next year's expenses could be started from April 1.