Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel is presenting the budget for the next financial year at 3 pm today. Although the demand for the resignation of the Home Minister remains, as the opposition parties did not oppose the presentation of the budget, the Finance Minister Paudel is scheduled to submit the budget to the Budget Parliament at three o'clock this afternoon, according to the Federal Parliament Secretariat.

For this, MPs have been requested to attend the joint meeting before 2:45 pm. "Honorable members are requested to attend the meeting room of the House of Representatives before 2:45 p.m. today and observe their fast," said the notification.

On Tuesday and Wednesday, the Finance Minister Paudel was unable to release the economic survey after the opposition parties blocked the House. Therefore, there is a program to present the economic survey at the beginning today and then submit the revenue and expenditure estimates for the financial year 2082/83.

The government, which is facing severe pressure of resources due to not being able to collect revenue as per the target, is bringing the next year's budget within the ceiling of 19 trillion 65 crore given by the National Planning Commission. In the current financial year, the government brought a budget of 18 trillion 60 billion 33 million rupees. However, after it was determined that the income and expenditure targets would not be met, 16 trillion 92 billion was fixed after the half-yearly review. However, only 66 percent of the total allocation has been spent till May 14 (Tuesday).

From the beginning of the budget making, although it seems ruthless in the choice of plans, the government is about to bring a large budget without ensuring the increase in income and spending capacity.

The government, which has adopted the policy of making maximum use of the available resources, is preparing to allocate the budget only to strategic plans of national importance, which are in the final stages of construction, not to spread the budget on piecemeal projects, not to add new plans for this. In view of the fact that the responsibility of the state for social security has been continuously increasing in recent years, the government is preparing to increase the age for citizens to receive old-age allowance from 68 to 70.

Similarly, programs such as rehabilitation and relief of conflict victims brought in the budget of the current fiscal year are not on the government's priority. However, the Prime Minister's employment program, the policy facilitation program for the expansion of private sector investment are included in the budget.

This year, the government has set a target of 31 percent revenue expansion, but has been getting only 10 percent on average for 10 months. In the next year's budget, it is seen that the government will bring a revenue increase program of only 12 to 15 percent. "Next year revenue collection is likely to be set at 10 percent, economic growth rate at 6.6 percent and inflation at 6 percent," the source said.

The target should be to increase revenue by 10 to 15 percent in order to raise resources in the mentioned ceiling budget. According to this, it seems that the target of revenue collection will be around 12.5 trillion for the coming year.'' However, the government is ready to give some relief to the middle class by increasing the income tax ceiling.