India, Jan. 27 -- The Government of India has issued a release:

The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2026-27, was held today in the Budget Press at North Block, in the presence of Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman and Union Minister of State for Finance, Shri Pankaj Chaudhary.

The 'Halwa ceremony' precedes the 'lock-in' of the officials involved in preparation of the Union Budget. The Union Budget 2026-27 will be presented on 1st February, 2026.

At the Halwa Ceremony, the Union Finance Minister was accompanied by the Secretaries of all the Departments under the Ministry of Finance and other senior officers involved in Budget preparation.

As...