Budget 2026: 10 facts about the Union Budget you should know Finance Minister Nirmala Sitharaman will present a record ninth consecutive budget on February 1. Sitharaman will be presenting a record ninth consecutive Union Budget, marking a significant milestone in India's parliamentary and economic history. The ‘Halwa ceremony’ precedes the 'lock-in' of the officials involved in the preparation of the Union Budget. Union Budget Mobile App: All Union Budget documents, including the Annual Financial Statement (commonly known as the Budget), Demand for Grants (DG), Finance Bill, etc., will also be available on the 'Union Budget Mobile App' for hassle-free access to Budget documents by Members of Parliament (MPs) and the general public in a digitally accessible mode, it said. First Budget: The first-ever Union Budget of independent India was presented on November 26, 1947, by the nation's first finance minister, R K Shanmukham Chetty.