As this is an election year, the government will be presenting an interim Budget
instead of a regular Budget on February 01, 2019. Convention dictates the
government to seek a Vote on Account with a new government presenting the
regular annual Budget in July 2019. While convention also dictates that there are
no major policy announcements and changes on the taxation front during the
interim Budget, there could be departure from convention this time around given
recent losses by the ruling party in key assembly elections in November 2018 on
account of rising rural distress.
