Union Budget 2024: The Union Budget will be presented on 23 July 2024. The budget that will be presented in Parliament by Finance Minister Nirmala Sitharaman has been named Bahi Khata, which was earlier brought in a beefcase. In 2019, it was called ‘Bahi Khata’. It is also called the budget bundle.
However, now a budget tab is used whose cover is red in colour. Budget documents have travelled from briefcase to bag, ledger and then to tab. Let us know what is the relation of budget bundle with businessmen, why is it called ledger.
What is a ledger account? (What is Bahi Khata)
Bookkeeping is the process of recording, organizing, and maintaining a comprehensive and accurate record of all financial transactions conducted by a business. These transactions include sales, purchases, expenses, revenues, and other financial activities.
Budget Briefcase to Bahi khata story
The “Budget Briefcase” was part of the colonial era. It was a replica of the Gladstone Box, which the British Finance Minister carried to Parliament while presenting his budget.
The foreign tradition was abandoned and the Indian tradition was adopted and the budget documents were brought in a red cloth. The symbol of the Government of India was on this cloth. Which was called Budget Potli and Bahi Khata. This is a symbol of coming out of the slavery of western thoughts.
Account book in Laxmi puja (Bahi khata in Laxmi puja)
Similarly, during Lakshmi Puja in South India, a copy of the accounts is wrapped in a red cloth. In Hinduism, there is a tradition of worshipping the ledger on the day of Diwali to attain happiness, prosperity and wealth. By worshipping the ledgers, the blessings of Goddess Lakshmi (Laxmi ji) remain and poverty never comes to that house.
Many businessmen especially worship their ledgers on Diwali because they believe that the new year for business begins on this day. Worshipping the ledgers on this day leads to growth in business.
Disclaimer: The information provided here is based on beliefs and information only. It is important to mention here that ABPLive.com Any kind of belief or information is not confirmed. Before implementing any information or belief, consult the concerned expert.
