Union Budget presentation time shifted to 11 am due to historical reasons, earlier it was at 5 pm during colonial era.

The Union Budget presentation time was moved from 5 pm to 11 am due to historical reasons. During the colonial era, it was presented at 5 pm to enable simultaneous announcements in London and India, considering their 4-hour and 30-minute time difference (IST and BST). Now, Finance Minister Nirmala Sitharaman is set to present India's first budget of the new BJP-led NDA term on Tuesday, July 23, at 11 am.